American Stock Exchange

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A stock exchange in New York, on which second-tier securities are traded. Listing requirements on AMEX are less stringent than on the New York Stock Exchange. AMEX pioneered touch-screen technology and, in linking with the Toronto Stock Exchange in 1985, established the first international link between primary equity markets. AMEX has developed a market in options and futures. AMEX is now a member of the NASDAQ group.

Subjects: Financial Institutions and Services.

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