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Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
References in periodicals archive ?
The range of firms AmEx has acquired is broad, from $200,000 in revenue up to its largest, GGK.
Popoff views Chenault's insider status on the AmEx board (Chenault became an AmEx director in 1997) as a definite plus, adding that Chenault has the "ability to leave his line job in the hall" and address in a totally objective way the governance issues on behalf of the shareholders.
At Amex's own offices the charge is kept to one per cent and there's no fee for cashing in unused ones on your return.
AMEX 2000 Gas Main Lining is designed for use on pipelines operating at pressures over 15 psig and up to 60 psig.
Second, does the pattern of market behavior around AMEX-to-NYSE transfers differ for stocks with low versus high transaction volume while on the AMEX? The study hypothesizes that the general pattern of returns over time is significantly greater for auction market switches of low versus high transaction volume stocks.
Amex Assurance's very strong risk-adjusted capital position reflects its conservative loss reserving practices and favorable development trends, as well as strong liquidity measures.
"Although the bank has yet to conclude on the type of schemes it will be replacing the Amex, we will definitely be incorporating Mastercard benefits into them.
That might prove worth it, though, if AmEx can gain acceptance at some of the (still very many) merchants that only grant it to Visa and Mastercard.
Electronic and electro-optic components supplier GigOptix Inc (OTCBB:GGOX) announced on Friday that it has received conditional approval to list its common stock on the NYSE Amex stock exchange.
Although developer Larry Silverstein undoubtedly constructed the building with the expectation that large users would gobble up its chunks of space, Krasnow indicated that the downtown market, after a select few sizable deals in the first half of the year, is currently being driven by small to midsize deals, much like the recent AmEx taking.
One of Amex's biggest problems, image-wise, is that no (me actually knows what it does or why it exists.
(Amex) of the United States on mutual acceptance of each other's cards at each other's affiliated shops, sources familiar with the deal said Wednesday.