"The Amex-SGX union will create a low-cost, efficient market network that enables investors, across time zones, to diversify their portfolios,"
American Stock Exchange Chairman Salvatore Sodano was quoted as saying in the statement.
Companies that list ADRs on an
American stock exchange must issue financial reports based on SEC rules.
Gastar Exploration announced that it received a deficiency letter from the NYSE
American stock exchange informing the company of its non-compliance with continued listing standards because the company's common stock has been selling for a low price per share for a substantial period of time.
Earlier at Newedge USA, he was co-head and senior vice president in the ETF Index Group, served at Spear, Leeds & Kellogg as a Specialist in the Index Derivatives Group, and co-founded a market-making firm on the
American Stock Exchange.
Air Industries Group is slated to begin listing on the NYSE MKT, formerly known as the
American Stock Exchange, on Wednesday.
Kohli also worked on the
American Stock Exchange as a summer associate in the transactions services departments.
Previously, he worked at the
American Stock Exchange.
The
American Stock Exchange composite index rose 8.56 to 1,767.88.
Securities and Exchange Commission (SEC) filing late Friday, ACN disclosed it has been warned that it risks delisting from the
American Stock Exchange (AMEX) for failing to file a 10-Q quarterly report with regulators.
The conversion price is USD22.65 per share, which is USD1.00 more than the closing sale price on May 5, 2008 on the
American Stock Exchange. On closing this debt to equity conversion, the principal amount of the credit facility will be reduced to USD70m.
The
American Stock Exchange (Amex) on 14 December listed the common stock of Gulfstream International Group Inc under the ticker symbol GIA.