Exchanges Around the World - North America

NYSE Euronext

Long before it was called the American Stock Exchange, AMEX was known as the "Curb Market" because trading was conducted by the curb on Broad Street, near the well-established New York Stock Exchange.

In 1921, the Curb moved indoors to a building on Greenwich Street in lower Manhattan and by 1930 was considered the leading international stock market, listing more foreign issues than all other U.S. securities markets combined. In 1953, The New York Curb Exchange changed its name to the American Stock Exchange.

• NYSE Euronext completed its acquisition of the American Stock Exchange in October 2008
• Post-merger, the Amex equities business was briefly branded NYSE Alternext U.S. before it was ultimately rebranded as NYSE Amex Equities

NYSE Amex Equities utilizes the NYSE market structure to provide a venue for trading stocks, ETFs and indices, in adherence with the NYSE Amex Parity and Priority model.

• NYSE Amex is a market for the listing and trading of small and micro-cap companies
• Stocks traded on NYSE Amex are assigned Designated Market Makers (DMMs), and one or more Supplemental Liquidity Providers (SLPs)
• Customers are charged a fee for removing liquidity, while liquidity providers receive a rebate
• Stock transactions on NYSE Amex are cleared through the National Securities Clearing Corporation (NSCC)

NYSE Amex Options facilitates trade in U.S. equity and equity index options.

• The exchange operates a dual market structure, combining:
• An electronic trading system supported by NYSE Arca technology
• Uses a price-time priority trading model
• Amex's traditional open-outcry trading floor
• Operates a customer priority trading model
• The exchange's fee structure is such that all customers conducting trades are charged a fee
• Options contracts traded on NYSE Amex are cleared by the Options Clearing Corporation (OCC)