American Stock Exchange
Definition
- Proper noun:
- A stock exchange in New York: The American Stock Exchange (AMEX) was a major stock exchange located in New York City, historically known for trading stocks, options, and exchange-traded funds (ETFs). It was often associated with listing small to mid-sized companies.
Usage Examples
- Proper noun:
- The company decided to list its shares on the American Stock Exchange.
- Before its acquisition, the American Stock Exchange was a competitor to the New York Stock Exchange.
Advanced Usage
- Historical context: The American Stock Exchange was acquired by NYSE Euronext in 2008 and was later renamed the NYSE American. It is now primarily an electronic exchange.
- Trading on the floor of the American Stock Exchange was a iconic part of New York's financial history.
Variants and Related Words
- AMEX: A common abbreviation for the American Stock Exchange.
- The stock is traded under the symbol 'ABC' on AMEX.
- NYSE American: The current name for the exchange formerly known as the American Stock Exchange.
- The NYSE American operates as a fully electronic trading platform.
Synonyms
- Equities exchange: A marketplace for trading stock.
- Bourse: A term for a stock exchange, especially in Europe.
Related Terms (Not Phrasal Verbs or Idioms)
- Listing: The process of having a company's shares traded on an exchange.
- Securing a listing on the American Stock Exchange was a milestone for the firm.
- Floor trading: The method of executing orders in a physical trading pit, which was characteristic of the AMEX.
- Floor trading at the American Stock Exchange ended as electronic systems took over.
Noun
-
a stock exchange in New York
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