The American Stock Exchange (AMEX) was originated in 1842 as the New York Curb Exchange and became known as the American Stock Exchange in 1953 The more than 800 stocks listed on the AMEX generally represent smaller and younger companies than those on the NYSE The requirements for a company to be listed on the AMEX include: Pre-tax Income of $750,000 in the latest fiscal year of 2 of the most recent 3 yearsMarket value of public float of $3 millionA minimum price of $3Stockholders' Equity of $4 million
An open auction market similar to the NYSE where buyers and sellers compete in a centralized marketplace The Amex typically lists small to medium cap stocks of younger or smaller companies Until 1921 it was known as the New York Cumulative Exchange
In comparison with the NYSE, a very important US securities exchange Located in New York, it is principally concerned with trading in securities which are not listed on the main stock exchange Frequently, the introduction to the AMEX of the shares of a company is the prelude to quotation on the NYSE
The third most-active market in the U S , behind the New York Stock Exchange (NYSE) and the Nasdaq Stock Market The exchange was founded in 1842 in New York City Most stocks traded on it are those of small- to mid-sized companies Also called Amex, and the curb exchange BACK TO TOP
Third most active market in the U S , behind the New York Stock Exchange and the Nasdaq Stock Market The exchange was founded in 1842 in New York City Most stocks traded on it are those of small- to mid-sized companies Also called Amex, and the curb exchange
Stock exchange in the U.S. Originally known as "the Curb," it began as an outdoor marketplace in New York City 1850. It moved indoors to its present location in the Wall Street area in 1921. Once a marketplace for securities not reputable enough for the New York Stock Exchange, it became equally respectable, with its own listing admissions requirements. In 1998 it merged with the National Association of Securities Dealers (NASD), then-owner of the NASDAQ exchange, to form the Nasdaq-Amex Market Group. After NASD sold its interest in the NASDAQ in 2000, AMEX remained a NASD subsidiary
An auction house in New York where stocks are auctioned between brokers Small to medium sized companies as well as a large number of oil and gas companies are traded on this exchange
The country's second-largest stock exchange AMEX is based in New York and generally uses more lenient rules for listing stocks than the New York Stock Exchange (NYSE) Thus, it contains more stocks and bonds issued by small companies AMEX is also called "The Curb" because it was formed by a group of brokers who would meet on the curb outside the NYSE to trade stocks that didn't meet NYSE's listing requirements In 1998, the Nasdaq purchased AMEX, but the companies continue to operate separately
The second largest stock exchange in the United States, located in the financial district of New York City (Formerly known as the Curb Exchange from its origin on a Manhattan street )
An auction house in New York where stocks are auctioned between brokers Small to medium-sized companies as well as a large number of oil and gas companies are traded on this exchange
The second largest stock exchange in New York, located in the financial district of New York City [NYSE] The second-largest stock exchange in the United States It trades mostly in small-to medium-sized companies [Harvey]