American Stock Exchange (AMEX)

The American Stock Exchange (AMEX), now known as the NYSE American, is a stock exchange where investors buy and sell shares of companies. It primarily focuses on small- and mid-cap companies and offers a platform for trading equities, options, and exchange-traded funds (ETFs). Unlike the New York Stock Exchange (NYSE), which hosts large, well-established firms, AMEX provides opportunities for emerging companies to raise capital and gain visibility. It operates through electronic systems and open outcry trading floors, facilitating efficient transactions and providing investors access to a diverse range of securities.