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AMEX The American Stock Exchange Term Paper

Since inception, the Amex Composite Index has shown an increase of 57.3%, as compared to the NASDAQ Composite's gain of 26.6%, the S&P 500's gain of 7.1%, and the NYSE composite's gain of 14.3% (American Stock Exchange). Values and volumes of stocks and options at the AMEX are significant. Closing values as of 10/11/2004 at 5:07 PM ET show significant activity. As of this date, the total volume was 44,288,030, with 1,359 block trades. Total options volume was 576,653, and bond volume was 102,000 (American Stock Exchange).

Like other stock exchanges, the AMEX is run by a number of officials. Officers of the AMEX include Chairman and Chief Executive Officer SALVATORE F. SODANO, the President Peter Quick, Executive Vice President Ralph R. Rafaniello, and Chief Financial Officer and Controller MICHAEL T. D'EMIC. The AMEX also has a Board of Governors, trustees, a nominating committee, exchange officials, floor officials and a disciplinary panel hearing board (CCH Incorporated).

As a self-regulating organization (American Stock Exchange), the AMEX has created a number of Sanction Guidelines that regulate disciplinary actions by groups such as the Board of Governors or Disciplinary Standards. These Guidelines are in accordance with the mission of the AMEX, which is "to...

Traditionally derived from the NYSE, today the AMEX Composite Index (XAX) outperforms all other major American indices. A self-regulated body, the AMEX has a highly structured list of officials and conducts large trading volumes.
References

American Stock Exchange.

Welcome to the American Stock Exchange, 2004. 11 October 2004. http://www.amex.com/

CCH Incorporated. American Stock Exchange (AMEX), 2004. 11 October 2004. http://wallstreet.cch.com/AmericanStockExchangeAMEX/

Investorwords.com. American Stock Exchange. WebFinance, Inc., 2004. 11 October 2004. http://www.investorwords.com/197/American_Stock_Exchange.html

Nationmaster.com. Encyclopedia: American Stock Exchange, Updated: Aug 03, 2004.

11 October 2004. http://www.nationmaster.com/encyclopedia/American-Stock-Exchange

Sources used in this document:
References

American Stock Exchange.

Welcome to the American Stock Exchange, 2004. 11 October 2004. http://www.amex.com/

CCH Incorporated. American Stock Exchange (AMEX), 2004. 11 October 2004. http://wallstreet.cch.com/AmericanStockExchangeAMEX/

Investorwords.com. American Stock Exchange. WebFinance, Inc., 2004. 11 October 2004. http://www.investorwords.com/197/American_Stock_Exchange.html
11 October 2004. http://www.nationmaster.com/encyclopedia/American-Stock-Exchange
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