American Stock Exchange - AMEX

AAA

DEFINITION of 'American Stock Exchange - AMEX'

The third-largest stock exchange by trading volume in the United States. In 2008 it was acquired by the NYSE Euronext and became the NYSE Amex Equities in 2009. 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 - AMEX'

The AMEX name was first changed to NYSE Alternext US, then became known as NYSE Amex Equities. 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
  1. Nasdaq

    A global electronic marketplace for buying and selling securities, ...
  2. Exchange-Traded Fund - ETF

    A security that tracks an index, a commodity or a basket of assets ...
  3. Curb Trading

    Trading that occurs outside of general market regulations. Curb ...
  4. Index Option

    A financial derivative that gives the holder the right, but not ...
  5. New York Stock Exchange - NYSE

    A stock exchange based in New York City, which is considered ...
  6. Athens Stock Exchange - ATHEX

    The Athens Stock Exchange or ASE or ATHEX is a stock exchange ...
Related Articles
  1. Stock Basics Tutorial
    Investing Basics

    Stock Basics Tutorial

  2. Why do some stock symbols have three ...
    Investing

    Why do some stock symbols have three ...

  3. What is Globalization?
    Investing

    What is Globalization?

  4. Where International Real Estate Is Booming
    Economics

    Where International Real Estate Is Booming

Hot Definitions
  1. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  2. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  3. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  4. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
  5. Wage-Price Spiral

    A macroeconomic theory to explain the cause-and-effect relationship between rising wages and rising prices, or inflation. ...
  6. Accelerated Depreciation

    Any method of depreciation used for accounting or income tax purposes that allows greater deductions in the earlier years ...
Trading Center