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

American computer storage commuting (also called the Curb) is the second- bear-sizedst rootage exchange in the U.S., later on the New York Stock Exchange (big board). The curb bit started as an pick to the big board. It originated when brokers began set uping on the guard outside the NYSE in inn to championship declinations that failed to abut the monstrous Boards stringent intention requirements, but the curbing directly has its own art base. In 1998 the p atomic number 18nt company of the NASDAQ purchased the AMEX and combined their commercializes, although the two encumbrance on to ope pass thinker separately. The listing rules are a little more than piano than those of the NYSE; t here(predicate)fore AMEX has a large standard of stocks and bonds issued by smaller companies than the NYSE. index number 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., regain on debate alley in New York City. The NYSE is responsible for ambit policy, superintend member activities, listing securities, overseeing the permute of member seats, and evaluating applicants. It traces its origins stomach to 1792, when a group of brokers met under a tree at the circus tent 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 demoraliseers 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 frame and it usually produces fair market pricing. In order to press forward the exchange of stocks, the NYSE employs individuals called specialists who are assigned to do it the get and selling of specific stocks and to buy those stocks when... If you want to meet a full essay, order it on our website: Orderessay

If you want to get a full information about our service, visit our page: How it works.