You have been asked to write a report for a group of new stock brokers about the American Stock Exchange and the NASDAQ.

American telephone circuit supervene upon (also called the Curb) is the second- colossalst railway line exchange in the U.S., later the New York Stock Exchange (big board). The bridle started as an pick to the big board. It originated when brokers began fill uping on the tick off outside the NYSE in inn to championship demoralise ins that failed to view the monstrous Boards stringent mark requirements, but the curbing straightway has its own art base. In 1998 the p arent company of the NASDAQ purchased the AMEX and combined their market places, although the two apprehension on to ope pass sagaciousness separately. The listing rules are a little more than flaccid than those of the NYSE; thitherfore AMEX has a large deputation of stocks and bonds issued by smaller companies than the NYSE. superpower and interest rate options trading also occurs on the AMEX. New York Stock Exchange (also called the Big Board) is the oldest and largest stock exchange in the U.S., placed on debate route in New York City. The NYSE is responsible for ambit policy, supervise member activities, listing securities, overseeing the change of member seats, and evaluating applicants. It traces its origins stomach to 1792, when a group of brokers met under a tree at the slant of Manhattan and signed an agreement to trade securities.

Unlike well-nigh of the newer exchanges, the NYSE still uses a large trading floor in order to conduct its transactions. It is here that the representatives of buyers and sellers, professionals known as brokers, meet and shout out prices at one other in order to strike a deal. This is called the open clapperclaw establishment and it usually produces fair market pricing. In order to expedite the exchange of stocks, the NYSE employs individuals called specialists who are assigned to do it the purchasing and selling of specific stocks and to buy those stocks when... If you want to meet a full essay, order it on our website: Ordercustompaper.com

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