American Stock Exchange

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American Stock Exchange (AMEX)

Stock exchange with the third highest volume of trading in the US. Located at 86 Trinity Place in downtown Manhattan. The bulk of trading on AMEX consists of index options (computer technology index, institutional index, major market index) and shares of small to medium-sized companies are predominant. Recently merged with Nasdaq See: Curb.

American Stock Exchange

On October 1, 2008, it changed its name to NYSE Alternext U.S. Prior to its 2008 acquisition by NYSE Euronext, the American Stock Exchange was a mutually owned stock exchange located in Manhattan. Of the three main U.S. stock exchanges, it has the most liberal policies on company listing, having more small companies than either the NYSE or NASDAQ. As a result, it is smaller than either of those stock exchanges by trading volume, handling only about 10% of American securities.

American Stock Exchange (AMEX).

The AMEX is the second-largest floor-based stock exchange in the United States after the New York Stock Exchange (NYSE).

It operates an auction market in stocks (including overseas stocks), exchange traded funds, and derivatives, including options on many NYSE-traded and over-the-counter (OTC) stocks.

References in periodicals archive ?
AMEX:TAG), owner of Talon(TM) zippers and a full service trim management supplier for manufacturers of fashion apparel, today announced that the Company received a letter from The American Stock Exchange LLC (or AMEX) informing the Company that it was in noncompliance with certain AMEX continued listing requirements.
The three ETFs-- the SPDR(R) Trust, MidCap SPDR Trust and DIAMONDS(TM) Trust-- are sponsored by PDR Services LLC (PDR), a wholly-owned subsidiary of the American Stock Exchange LLC.

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