American Stock Exchange

The American Stock Exchange (AMEX), now known as NYSE American, is a marketplace where stocks and other securities are bought and sold. It provides a platform for companies to raise capital and for investors to buy ownership shares. Historically, it has specialized in smaller companies and innovative financial products, offering a different environment from larger exchanges like the NYSE. The exchange operates under regulations that ensure transparent and fair trading, serving as an important part of the overall financial system by facilitating investment and liquidity.