World Of Finance

The American Stock transmute ( check) and the NASDAQ ar examples of financial change trade organizations. They both(prenominal) are mediums that will a good in the financial handicraft market place. The American Stock Exchange is a mart for many financial products such as strainings, options, commuting traded funds, and structured products. (amex.com, 2006) These products are traded through transactions of offers to treat and bids to buy. AMEX trading is facilitated by a broker who is stationed on the trading floor. These brokers perform duties as auctioneers, dealers and agents, in cast to run their obligations to both investors of assisting in fair and equitable trading to both buyers and sellers. (amex.com, 2006)NASDAQ on it website has made claims that they are the fastest growing stock market in the world. They also claim that they are the largest get in concert States electronic stock market and that they trade more shares of their stocks per xxiv hour period than any other U. S. market. The goal of NASDAQ is to provide a marketplace that is high in technology, reliable, fast and crystalline (fair to all investors). (nasdaq.com, 2007)There are differences between both the AMEX and NASDAQ exchanges. starting time the AMEX is an graze driven like a straight auction field where the specialists/ brokers helpout with the trading. (amex.com, 2006) While the NASDAQ is a dealer found competing system, where the dealers continually locate bids.

(nasdaq.com, 2007)Other differences are in terms of stipulate orders that affect the determine of a stock. AMEX brokers can non trade for early orders at the same prices. By this demarcation lin e can compel temporarily non-negotiable aft! er corporations have overt announcements which can jibe revisions on quotes. (amex.com, 2006) In contrast, NASDAQ dealers are not allowed to rely on limit orders of other investors. (nasdaq.com, 2007)WorldComAccording to Standard and sad?s the WorldCom fiasco... If you necessity to get a full essay, order it on our website: OrderEssay.net

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