Unit 1 Indivdual assignment
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 a wide variety of listed equities, an extensive options market , and 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 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 ...