NYSE American
Stock exchange in New York City / From Wikipedia, the free encyclopedia
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NYSE American, formerly known as the American Stock Exchange (AMEX), and more recently as NYSE MKT, is an American stock exchange situated in New York City. AMEX was previously a mutual organization, owned by its members. Until 1953, it was known as the New York Curb Exchange.[1]
Type | Stock exchange |
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Location | New York City, New York, United States |
Founded | 1908; 116 years ago (1908) (as New York Curb Market Agency) |
Owner | Intercontinental Exchange |
Currency | United States dollar |
Website | NYSE American |
NYSE Euronext acquired AMEX on October 1, 2008,[2] with AMEX integrated with the Alternext European small-cap exchange and renamed the NYSE Alternext U.S.[3] In March 2009, NYSE Alternext U.S. was changed to NYSE Amex Equities. On May 10, 2012, NYSE Amex Equities changed its name to NYSE MKT LLC.[4]
Following the SEC approval of competing stock exchange IEX in 2016, NYSE MKT rebranded as NYSE American and introduced a 350-microsecond delay in trading, referred to as a "speed bump", which is also present on the IEX.[5][6][7]