American Stock Exchange - AMEX
What Does American Stock Exchange - AMEX Mean?The third-largest stock exchange by trading volume in the United States. The AMEX is located in New York City and handles about 10% of all securities traded in the U.S.
Investopedia explains American Stock Exchange - AMEXThe AMEX has now merged with the Nasdaq. It was known as the "curb exchange" until 1921.It used to be a strong competitor to the New York Stock Exchange, but that role has since been filled by the Nasdaq. Today, almost all trading on the AMEX is in small-cap stocks, exchange-traded funds and derivatives.
Related Terms
Curb trading
Derivative
Exchange-Traded Fund - ETF
Index Option
Little Board
Nasdaq
New York Stock Exchange - NYSE
Regulation NMS
Small Cap
Toronto Stock Exchange - TSX
Related Links
Stock Basics Tutorial - If you're new to the stock market and want the basics, this is the tutorial for you!
Index Investing: The Dow Jones Industrial Average - See where "the market" started and why.
Special Feature: Exchange-Traded Funds - Learn how ETFs allow you to enjoy the diversification benefits of a mutual fund with the flexibility of a stock.
Why do some stock symbols have three letters while others have four? What is the difference?
AMEX.com - The official site of the American Stock Exchange.
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