Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What Does American Stock Exchange (AMEX) Mean?

April 26, 2017American AMEX mean stock exchange

0

Posted

What Does American Stock Exchange (AMEX) Mean?

1 Answer

0

Posted

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 United States. Investopedia explains American Stock Exchange (AMEX) The AMEX has merged with the Nasdaq. It was known as the “curb exchange” until 1921. It used to be a strong competitor of the New York Stock Exchange, but that role has been filled by the Nasdaq. Today, almost all trading on the AMEX is in small-cap stocks, exchange-traded funds, and derivatives.