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Paper Topic:

Stock Exchange

Amex and NASDAQ are two very powerful companies based on the Stock Market . Both are very similar and yet have their own uniqueness

Amex is better known as the American Stock Exchange . Amex is used by investors in the stock market to find a resource and understanding of an investment . Amex is used mostly by individuals but also by institutional investors . Amex uses HYPERLINK "http /www .amex .com /equities /listCmp /EqLCMain .jsp " a wide variety of listed equities , HYPERLINK "http /www .amex .com /options /prodInf /OptPiMain .jsp " an extensive options market , and HYPERLINK

"http /www .amex .com /etf /prodInf /EtPiMain .jsp " an unrivaled listing of more than 100 exchange traded funds (ETFs , the securities category pioneered by the American Stock Exchange (amex .com

NASDAQ is better known as National Association of Securities Dealers Automated Quotations System . It is a market where stocks are exchanged . It is mostly corporate exchanges and mainly deals with technology

Both Amex and NASDAQ are similar in which they are both companies that are based on the stock market . Both handle major clients and many different exchanges . Both also deal with the buying and selling of stocks . Each is widely known and capitalizes on their investors

However there is a difference also . NASDAQ is more of a corporate 's corporation . It handles mostly technological clients and uses technology to their advantage . NASDAQ electronically handles everything . Amex on the other hands likes to be more personable and does not handle everything electronically . Amex uses floor exchanged and is thought to be slower in handling things . The American Stock Exchange say they 'll never give up their floor-based specialists but NASDAQ believes they 'll wake up to reality and go completely electronic (Stewart ) NASDAQ is extremely competitive and continues to try to find way to better its company . Robert Schwartz , professor of finance at Baruch College , the debate 's moderator , started by outlining the forces of change technology , regulation and competition . `Change just keeps on happening even when experts say there 's going to be a pause while we digest the changes (Stewart

Technology has added to the different jobs available for being involved in these companies . Financial intermediaries are one example . These people have a lot to do with what happens within the system . A number of benefits flowing from the economic system are produced by the ability of financial intermediaries to transmute the unacceptable claims on borrowers into acceptable claims on themselves . Firstly , through aggregating small amounts of funds for on-lending in larger parcels liquidity is created for the lender . Secondly , through investing in a diverse portfolio of primary securities a financial intermediary can achieve a more efficient diversification of risk than an individual lender . Thirdly , by providing liquidity and reducing risk , financial intermediaries are able to tap savings that would otherwise not have been available . In the fourth place , by facilitating the availability of finance these institutions ease the constraint of income on expenditure thereby enabling the consumer to spend in anticipation of income and...

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