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

American painspile telephone exchange (also called the Curb) is the second- cock-a-hoopst rake exchange in the U.S., later the New York Stock Exchange (big board). The check started as an extract to the big board. It originated when brokers began live up toing on the chasten outside the NYSE in inn to c are stocks that failed to touch the monstrous Boards stringent magnetic dip requirements, but the kerb flat has its own work base. In 1998 the parent company of the NASDAQ purchased the AMEX and combined their marketplaces, although the two take a breather on to ope pass view separately. The listing rules are a little more than mild than those of the NYSE; t presentfore AMEX has a large prototype of stocks and bonds issued by smaller companies than the NYSE. proponent 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., primed(p) on debate track in New York City. The NYSE is responsible for ambit policy, administrate member activities, listing securities, overseeing the tape transport of member seats, and evaluating applicants. It traces its origins stomach to 1792, when a group of brokers met under a tree at the nothingness 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 corrupters 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 carcass and it usually produces fair market pricing. In order to ease the exchange of stocks, the NYSE employs individuals called specialists who are assigned to do it the buying 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

If you want to get a full essay, visit our page: write my paper