Arizona Stock Exchange


Also found in: Wikipedia.

Arizona Stock Exchange

A single price auction exchange for equity trading that allows anonymous buyers and sellers to trade at low transaction costs.

Arizona Stock Exchange

A former electronic exchange that allowed investors to trade NYSE, AMEX, and NASDAQ stocks after trading had ceased on other exchanges. It had low volume throughout its history and was exempt from SEC registration for that reason. It opened in 1990 and ultimately closed in 2001 due to lack of volume.

Arizona Stock Exchange (AZX)

An electronic exchange for the online trading of NYSE, Nasdaq, and AMEX stocks. The exchange attempts to balance bids and offers to find a consensus price in scheduled daily auctions. All successful participants in a particular auction receive the same price.
Mentioned in ?
References in periodicals archive ?
Built in 1905 as a brewery & converted to the Arizona Stock Exchange.
The X-Change Corporation (OTC Bulletin Board: XCHC) announced today that it has entered into discussions with the State Of Arizona to acquire the Arizona Stock Exchange.
is proud to announce the participation of the Arizona Stock Exchange on Alexander Haig's World Business Review - "On Location" series.
Arizona Stock Exchange (AZX) has created a true auction system for equity securities.
a leading direct access broker for active investors, announced today its offering of access to the Arizona Stock Exchange (AZX), an electronic, Internet-based system for conducting auctions in equity securities.
In 1994, The Arizona Stock Exchange crossed nearly one million shares daily, while in January, the Exchange averaged over 1.
ITG), ITGI's broker/dealer, has been named as the executing broker for all transactions executed on the Arizona Stock Exchange.
Instinet Corporation, a wholly owned subsidiary of Reuters Group PLC (Nasdaq: RTRSY) and the world's leading e Financial Marketplace offering equities trading, research, fixed income trading, and clearing and settlement services, today announced that it has signed an agreement with the Arizona Stock Exchange (AZX), the only electronic call market auction exchange in the US, whereby Instinet will execute, clear and settle trades for AZX, effective immediately.
Steve Wunsch, President and CEO, Arizona Stock Exchange, said, "Institutions need an alternative to today's continuous trading environment and therefore, AZX and Instinet Crossing are committed to the advancement and development of call market alternatives for investors.
Incorporated (NYSE symbol: JPM) announced today that it is acquiring a minority interest in the Arizona Stock Exchange (AZX), an electronic call market for stocks, and that it has joined a program to demonstrate AZXs preopening call auction system.
Brooks has acted as outside counsel to Instinet, to Reuters in connection with its Globex(R) and other joint ventures, and to numerous other systems and entities, including the National Quotation Bureau, Optimark and the Arizona Stock Exchange.
Also participating in this venture will be Fidelity Investment's Investors Liquidity Network product, Investment Technology Group's POSIT system and the Arizona Stock Exchange.

Full browser ?