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Paper Topic:

Finacial management

NASDAQ vs . AMEX

The American Stock Exchange (AMEX ) is a mutual organization situated in New York . It is the third largest stock exchange by trading volume in the United States . It started during the colonial times as a market at the curbstone on Broad Street near Exchange Place . During that time the stock brokers would gather around the lamp posts and mail boxes putting up lists of stocks for sale ADDIN EN .CITE 7712American Stock Exchange2006November 16dmusic .comhttp /www .dmusic .com /finance /american-stock-exchange .html "American Stock Exchange . Soon their shouting

got much louder so they eventually introduced hand signals to carry over their business quietly . In 1921 it moved indoors in a building where it still resides . It conducts its trading through an advanced centralized specialist system . The companies listed on AMEX are the British American Tobacco , Imperial Oil Limited , Sea-board Corporation , and Bio-Red Laboratories ADDIN EN .CITE 7712American Stock Exchange2006November 16dmusic .comhttp /www .dmusic .com /finance /american-stock-exchange .html "American Stock Exchange

NASDAQ (originally National Association of Securities Dealers Automated Quotations system ) is an American electronic stock exchange founded in 1971 by the National Association of Securities Dealers (NASD . It is the world 's first electronic stock exchange ADDIN EN .CITE 2006101 012Stanford Securities Class Action Clearinghouse Index of Filings2006Stanf ord Law Schoolhttp /securities .stanford .ed u /sites .html "Stanford Securities Class Action Clearinghouse Index of Filings 2006 . It is a computerized system that facilitates trading and provides price quotations on some 5 ,000 of the more actively traded over-the-counter stocks ADDIN EN .CITE 4412Nasdaq2006November 16Investopediahttp /www .investopedia .com /terms /n /nasdaq .asp "Nasdaq . It started as a computer bulletin board system which does not connect buyers and sellers . As time went by , it eventually became a stock market by adding trade and volume reporting and automated trading systems ADDIN EN .CITE American Stock Exchange200617 Nov . 2006Wikipedia , the free encyclopediaReference .com http /www .reference .com /browse /wiki /American_Stock_Exchange "American Stock Exchange 2006 . NASDAQ uses sophisticated computer and telecommunications for trading transactions . It transmits timely , critical investment information to all users . The companies listed on NASDAQ include Microsoft , Intel , Dell , and Cisco

Today AMEX and NASDAQ merged as The NASDAQ-AMEX Market Group , where AMEX is independent of NASD . The two are both based on the stock market . They both handle major clients and many different exchanges They both deal with the buying and selling of stocks . They both capitalize on their investors ADDIN EN .CITE LigiAmanda LigiNasdaq vs . Amex Stock Exchange Comparison2006November 162006Associated Contenthttp /www .associatedcontent .com /article /19870 /nasdaq_vs_amex_stock_exchange_comparison .html (Ligi , 2006

The difference between the two is that NASDAQ handles everything electronically while AMEX doesn 't . AMEX is though to be slower in handling things since they still use floor exchange . On the other hand NASDAQ uses technology to their advantage by using sophisticated computer networks to trade . As quoted by Stewart , AMEX says that they will never give up their floor-based specialists but NASDAQ believes they 'll wake up to reality and go completely electronic ' ADDIN EN .CITE...

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