American Stock Exchange – AMEX definition explanation

What is American Stock Exchange – AMEX?
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. Read more for examples and further explanation including related video clips and also comments

Example explains American Stock Exchange – AMEX
The 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.

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