American Stock Exchange

American  

noun

1. the second largest stock exchange in the U.S., located in New York City. ASE, A.S.E.

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American Stock Exchange Cultural  

1. Traditionally, the second largest stock exchange in the United States, after the New York Stock Exchange. The American Stock Exchange is in New York City. It is often identified in financial pages as AMEX. In 1998, AMEX merged with the NASD, which runs the NASDAQ exchange.

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Example Sentences

A 1986 Times article describes Van Peebles’ newfound interest in trading on Wall Street, where he was said to be the first Black trader at the American Stock Exchange.

From Los Angeles Times • Sep. 22, 2021

In the mid-1980s, Van Peebles was one of the few Black options traders on the American Stock Exchange — “making deals, like always,” he said.

From Seattle Times • Sep. 22, 2021

Mr. Glauber was a consultant to corporations and investment banks and was on the boards of the American Stock Exchange, the mortgage finance giant Freddie Mac and the bond-rating agency Moody’s.

From Washington Post • Mar. 4, 2021

As the company's national profile grew, so did interest from investors, and in 1971 Joan Johnson oversaw the company's public listing on the American Stock Exchange, the third largest exchange in the US.

From BBC • Sep. 14, 2019

He now holds the American Stock Exchange in the hollow of his hand; instead of mice, he goes for bulls and bears, and stocks rise and fall at his whim.

From Jonathan and His Continent Rambles Through American Society by Allyn, Jack

Related Words

• exchange