AMEX the American Stock Exchange Term Paper

Open, View, and/or
Download this Document

Total Length: 718 words ( 2 double-spaced pages)

Total Sources: 1+

Page 1 of 2

Since inception, the Amex Composite Index has shown an increase of 57.3%, as compared to the NASDAQ Composite's gain of 26.6%, the S&P 500's gain of 7.1%, and the NYSE composite's gain of 14.3% (American Stock Exchange).

Values and volumes of stocks and options at the AMEX are significant. Closing values as of 10/11/2004 at 5:07 PM ET show significant activity. As of this date, the total volume was 44,288,030, with 1,359 block trades. Total options volume was 576,653, and bond volume was 102,000 (American Stock Exchange).

Like other stock exchanges, the AMEX is run by a number of officials. Officers of the AMEX include Chairman and Chief Executive Officer SALVATORE F. SODANO, the President Peter Quick, Executive Vice President Ralph R. Rafaniello, and Chief Financial Officer and Controller MICHAEL T. D'EMIC. The AMEX also has a Board of Governors, trustees, a nominating committee, exchange officials, floor officials and a disciplinary panel hearing board (CCH Incorporated).

Stuck Writing Your "AMEX the American Stock Exchange" Term Paper?

View All Our Example AMEX the American Stock Exchange Term Paper

Have A Custom Example Essay Written



As a self-regulating organization (American Stock Exchange), the AMEX has created a number of Sanction Guidelines that regulate disciplinary actions by groups such as the Board of Governors or Disciplinary Standards. These Guidelines are in accordance with the mission of the AMEX, which is "to provide a securities market place in which high standards of honor and integrity prevail and to promote and maintain just and equitable principles of trade and business." Sanctions are aimed at preventing further misconduct, discouraging others from engaging in such conduct, and improving business standards (CCH Incorporated).

In conclusion, the American Stock Exchange is one of America's larges and most successful stock exchanges. Traditionally derived from the NYSE, today the AMEX Composite Index (XAX) outperforms all other major American indices. A self-regulated body, the AMEX has a highly structured list of officials and conducts large trading volumes......

Show More ⇣

     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"AMEX The American Stock Exchange" (2004, October 11) Retrieved June 4, 2026, from
https://www.aceyourpaper.com/essays/amex-american-stock-exchange-56577

Latest MLA Format (8th edition)

Copy Reference
"AMEX The American Stock Exchange" 11 October 2004. Web.4 June. 2026. <
https://www.aceyourpaper.com/essays/amex-american-stock-exchange-56577>

Latest Chicago Format (16th edition)

Copy Reference
"AMEX The American Stock Exchange", 11 October 2004, Accessed.4 June. 2026,
https://www.aceyourpaper.com/essays/amex-american-stock-exchange-56577
   

Open, View, and/or
Download this Document
order custom essay example