AMERICAN STOCK EXCHANGE Definition & Meaning

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American Stock Exchange

noun

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

American Stock Exchange

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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He pointed across the street, where the American Stock Exchange sat next to Trinity Church, and noted our proximity to the former site of New York’s municipal slave market.

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How he made his millions: Sternberg, 63, began his Wall Street career trading equity options part-time at the American Stock Exchange while attending St. John’s University in New York.

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Mr. Perelman’s first deal in New York was the acquisition of Cohen-Hatfield, a jewelry company then trading on the American Stock Exchange for a fraction of its book value.

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

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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.

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