American Stock Exchange


Also found in: Dictionary, Thesaurus, Acronyms, Encyclopedia, Wikipedia.

American Stock Exchange (AMEX)

Stock exchange with the third highest volume of trading in the US. Located at 86 Trinity Place in downtown Manhattan. The bulk of trading on AMEX consists of index options (computer technology index, institutional index, major market index) and shares of small to medium-sized companies are predominant. Recently merged with Nasdaq See: Curb.

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-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.
Also upon redemption, the Series A Preferred Stock will be delisted from trading on the NYSE American stock exchange.
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.

Full browser ?