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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 ?
The AMEX Resolution Letter also indicates the Company has become subject to the provisions of Section 1009(h) of the AMEX Company Guide which provides that if a company, within 12 months of the end of AMEX extension period (the "AMEX Plan Period"), is again determined to be below Continued Listing Standards, the AMEX staff will examine the relationship between the two incidents of falling below Continued Listing Standards and re-evaluate the company's method of financial recovery from the first incident.
To maintain its listing, Semotus will be subject to periodic review by AMEX staff during the extension period.
The AMEX staff invited the Company to submit a plan of compliance addressing the continued listing deficiency by no later than October 31, 2006.
The Company may appeal a staff determination to initiate such proceedings and seek a hearing before an AMEX panel.
Previously, AMEX notified ImageWare that the company was not in compliance with Rules 1003(a)(ii) and (iii) of the AMEX Company Guide because the company's shareholders' equity was less than $4,000,000 and losses from continuing operations were incurred in three of the last four fiscal years, and that its shareholder's equity was less than $6,000,000 and losses from continuing operations were incurred in ImageWare's last five fiscal years.
Pursuant to a previously disclosed letter from the AMEX dated June 14, 2006 informing the Company that it was not in compliance with certain continued listing standards, the Company was afforded the opportunity to submit a plan of compliance to the AMEX and on July 14, 2006 presented its plan to the AMEX.
In order to maintain its AMEX listing the Company must submit a plan by September 22, 2006 advising the AMEX of the action the Company has taken or will take that would bring it into compliance with the continuing listing standards identified within a maximum of 18 months of receipt of the AMEX notice.