The American Stock ExchangeThe American Stock Exchange (AMEX) is the United States’ second largest floor-based exchange.
It has a significant presence in common stocks, index shares and equity derivative securities. On the AMEX, trading is conducted through an advanced centralized Specialist system combining the speed of computer delivered orders with the liquidity of customer driven markets. Today, AMEX is on the leading edge of exchanges worldwide in developing successful new investment products and innovative services for companies and investors. Located in Manhattan, New York, this exchange ranks in the top half-dozen US exchanges in terms of trading volume. Its activities go back to the 1849 gold rush, and it was known until 1921 as the Kerb Exchange because trading took place outdoors (at the Kerb). Today at the American Stock Exchange, specialists, traders and brokers use the world's most sophisticated, advanced technology to enhance trading efficiency and reliability for the investing public. The American Stock Exchange consists of 1,057 stocks and all of these stocks are traded on a daily basis. For listed companies and their investors, the state-of-the-art trading system of American Stock Exchange ensures trading fairness. Member firms receive instantaneous order processing and reconciliation. Electronic display books greatly assist AMEX specialists in maintaining efficient and liquid markets, resulting in narrower spreads for customers. AMEX - Different Than Other MarketsWhat really sets the AMEX apart from all other U.S. markets, however, are Exchange Traded Funds or ETFs, probably the fastest growing, most innovative financial products offered by any financial institution over the last decade. After more than four years of working with the Commission and millions of dollars of R&D expense, the Amex pioneered ETFs in 1993 with the introduction of an ETF based on the S&P 500® index, known as Spiders (Amex: SPY).Listed and traded in the Marketplace is an entire family of ETFs - index-based investment products that lets one buy or sell shares of entire portfolios of stock in a single security. These unique financial products combine the opportunities of indexing with the advantages of stock trading. Day-Trading-Strategy .com, P.O. Box 89029, Houston Texas, 77289 info@Day-Trading-Strategy.com |