American Stock Exchange

(AMEX)

Serious Information

Trivia

The Exchange traces its roots to colonial times when stock brokers created outdoor markets to trade government securities. The AMEX started as such a market at the curbstone on Broad Street near Exchange Place. The curb brokers gathered round lamp posts and mail boxes, putting up lists of stocks for sale. As trading activity increased, shouting reached such a high level special hand signals were introduced so brokers could continue trading. In 1921 the market was moved indoors into the building where it resides, and the hand signals remained in place for decades.

Amex brings a unique dimension to the trading of Nasdaq and other market center stocks: large, well-capitalized specialist firms trading in the sophisticated auction-market environment of an exchange. The Amex also supports automatic execution of orders in the latest implementation of its NETS order book.
The dynamics of the marketplace have changed dramatically, providing an opportunity for an auction market alternative:

Out of the 3 major American stock exchanges, the AMEX has the most liberal policies concerning company listing, as most of its companies are generally smaller compared to the NYSE and NASDAQ. Amex also specialises in trading of ETFs, and hybrid / structured securities. Exchange-traded funds (or ETFs) are open-ended collective investment schemes, traded as shares on most global stock exchanges. The majority of USA listed ETF's are traded at the AMEX including the SPDR and most Powershares.

AMEX trades shares, the rights to buy shares in the future, and a slice of trading activity on different stock exchanges around the world. A BBC report once said that with "the noise. The smell. The bright colours. The boxes full of sandwiches and melon slices. Going behind the scenes at the American Stock Exchange is all a bit In terms of its trading (rather than size), it's almost like a combination of the London Stock Exchange and London's futures and options exchange LIFFE. It's the sort of thing we used to have at the London Stock Exchange before the reforms of the 1980s".

While the City makes its preparations for the first anniversary of the attacks next month, it's also making what it can better than before.

Declan Curry
In terms of its trading (rather than size), it's almost like a combination of the London Stock Exchange and London's futures and options exchange LIFFE.

http://www.amex.com/ Website of American Stock Exchange (AMEX) containts history, market data, and opening and closing information so one can watch the clock tick tock.

address

American Stock Exchange
86 Trinity Place
New York, NY 10006
212-306-1000

NASDAQ and NYSE are the other major stock exchanges of the city.

Trivia

American Express often used the acronym AMEX too.

New York City, officially the City of New York, is the most populous city in the United States and the most densely populated major city in North America. Located in the state of New York, New York City has a population of over 8.1 million within an area of 321 square miles (approximately 830 km²).

The city is a center for international finance, fashion, entertainment and culture, and is widely considered to be one of the world's major global cities with an extraordinary collection of museums, galleries, performance venues, media outlets, international corporations and financial markets. It is also home to the headquarters of the UN.

The Dutch established New Amsterdam in 1613, which was granted self-government in 1652 under Peter Stuyvesant. The British conquered the city in September 1664 and renaming it "New York" after the Duke of York and Albany. The Dutch briefly regained it in August 1673, renaming the city "New Orange", but ceded permanently in November 1674.

The economy of New York City is one of the most technologically advanced in the world. Midtown Manhattan is the largest central business district in the world, while the Financial District is also the third largest in the United States. New York City's economic growth was made possible by its harbor, widely considered one of the finest natural ports in the world. The value of this port was enhanced in 1819 with the opening of the Erie Canal, which giving New York a decisive advantage over competing ports Boston and Philadelphia.

Major Sport clubs set in the city

New York Yankees MLB Baseball
New York Mets MLB Baseball

New York Rangers NHL Ice Hockey
New York Giants NFL Gridiron
New York Jets NFL Gridiron
New York Knicks NBA Basketball
New York Liberty WNBA Basketball
New York Red Bulls MLS Soccer
Brooklyn Wonders ABA Basketball

Movies set on subject of Stock exchanges in the city

Wall Street (1987) starring Charlie Sheen (Bud Fox ) Michael Douglas (Gordon Gekko ) directed by Oliver Stone - A story of greed about a corrupt Gekko, trying to destroy a firm and it's employees to make money.

Trading Places (1983) starring Dan Aykroyd ( Louis Winthorpe III )
Eddie Murphy ( Billy Ray Valentine) Jamie Lee Curtis (Ophelia): An upper class investor and a street down and out find their positions reversed as part of a bet by two racist millionaires. In the the movie the two try to use a stock exchange trick to get their own back on the millionaires

The Bonfire of the Vanities (film) (1990), a film adaptation directed by Brian De Palma was released and starred Tom Hanks as Sherman McCoy, Bruce Willis as Peter Fallow, an uncredited F. Murray Abraham as Abe Weiss, Melanie Griffith as Maria Ruskin, and Kim Cattrall as Judy McCoy, Sherman's wife. Financial "Master of the Universe" Sherman McCoy sees his life unravel.

Boiler Room is a 2000 U.S. drama, written and directed by Ben Younger, and starring Giovanni Ribisi, Vin Diesel and Nia Long. Other characters in the film were played by Ben Affleck, Nicky Katt, Scott Caan, Tom Everett Scott, Ron Rifkin and Jamie Kennedy. Aboust the despicable Boiler room crooks who try to con their way into money.

Glengarry Glen Ross is a 1992 movie, based on the 1984 Pulitzer Prize and Tony-winning play of the same name. The film differs from the play mainly with the insertion of a single scene written by Mamet. The scene involves a character named Blake, played by Alec Baldwin in one of his most critically acclaimed performances, who gives the main characters a more immediate motivation for selling real estate —namely that their jobs are on the line.

In Germany a football soccer website is calling itself a sock exchange

The surname York, according to a website the house of names, is part of the ancient legacy of the Anglo Saxon tribes of Britain. It is a product of when the family lived in the county of Yorkshire. Yorkshire, which was the largest county in northern England, was divided into three administrative ridings: North Riding, West Riding, and East Riding. The town of York was the military capital of Roman Britain, the capital of Northumbria, and seat of an Archbishop. Yorkshire was also the home to the House of York, which was an English royal dynasty from 1461 to 1485. The reigning members of the House of York were Edward IV, Edward V and Richard III. Their rivalry with the House of Lancaster resulted in the Wars of the Roses, which lasted from 1455 to 1485 and ended when the Lancastrian Henry VII united the two houses by marrying Elizabeth, the daughter of Edward IV.Spelling variations include: Yorke and others. First found in Wiltshire where they were seated from very ancient times, before and after the Norman Conquest in 1066.

Names for New York in other nations
Nova Iorque = Portugal

New York (mesto) = Slovenia

Nuova York - Italy

Urbs Novum Eboracum = Latin

MEX is often a short name for Mexico

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