NYSE MKT LLC, formerly known as the American Stock Exchange (AMEX), is an American stock exchange situated in New York City, New York. AMEX was a mutual organization, owned by its members. Until 1953, it was known as the New York Curb Exchange.
On January 17, 2008, NYSE Euronext announced it would acquire the AMEX for $260 million in stock; on October 1, 2008, NYSE Euronext completed the acquisition. Before the closing of the acquisition, NYSE Euronext announced that the AMEX would be integrated with the Alternext European small-cap exchange and renamed the NYSE Alternext U.S.
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.
Read more about American Stock Exchange: History
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“Much of our American progress has been the product of the individual who had an idea; pursued it; fashioned it; tenaciously clung to it against all odds; and then produced it, sold it, and profited from it.”
—Hubert H. Humphrey (1911–1978)
“And anyone is free to condemn me to death
If he leaves it to nature to carry out the sentence.
I shall will to the common stock of air my breath
And pay a death tax of fairly polite repentance.”
—Robert Frost (1874–1963)
“But come what sorrow can,
It cannot countervail the exchange of joy
That one short minute gives me in her sight.”
—William Shakespeare (1564–1616)