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AMEX

AMEX

7 5.6
A stock market in New York City where people buy and sell company shares
  • noun
  • /ˈeɪˌmɛks/
translation icon : AMEX
  • In early 1993, the Amex introduced its first ETF, managed by State Street Bank.

Examples

  • Our analysis of all firms traded on the NYSE, NASDAQ, and AMEX yielded similar results. #28.

    Academic text (2016)
  • Northern Oil & Gas (AMEX: NOG) earns an F this week, falling from last week's grade of D.

    Blog text (17)
  • A few securities firms' buildings that are headquartered downtown are also shut, including Goldman Sachs, AMEX, and others.

    Blog text (13)
  • It's an index of all the stocks on the NYSE, Amex and NASDAQ weighted according to their outstanding market capitalization.

  • First Trust's entrant in the biotech market tracks the Amex Biotechnology Index, utilizing an equal weight technique for its approach.

    Blog text (24)
  • Overall, the warrants accounted for 15 percent of the Amex's volume last year.

  • You'll find price information listed by issuer in the Amex stock tables of most newspapers.

Synonyms

A stock market in New York City where smaller companies trade shares

is the general New York exchange term without stressing which securities it handles

Surface Forms

AMEX singular

Morphology

AMEX = A + M + E + X

This is an acronym-like abbreviated institutional name, and the sequence of letters does not transparently allow a learner to derive the meaning 'American Stock Exchange' from familiar English morphemes.

Etymology

AMEX is a short form of American Stock Exchange, the New York market where people buy and sell company stocks. It grew from the old New York 'curb' market, where traders did deals on the street, so you can remember AMEX as the American exchange that began on the curb and later became an official stock exchange in New York.