Also found in: Acronyms.
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.
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Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.