World Of Finance

The American Stock turn ( kerb) and the NASDAQ ar examples of fiscal modify trade organizations. They both(prenominal) atomic number 18 mediums that generate a good in the financial vocation market place. The American Stock Exchange is a mart for m any(prenominal) financial products such as strainings, options, deputise traded funds, and structured products. (amex.com, 2006) These products are traded through and 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 alone investors of assisting in fair and honorable trading to both buyers and sellers. (amex.com, 2006)NASDAQ on it website has made strikes that they are the straightaway growing stock market in the world. They also claim that they are the largest position unneurotic States electronic stock market and that they trade more shares of their stocks per cardinal hour period than any other U. S. market. The goal of NASDAQ is to render a marketplace that is high up in technology, reliable, fast and filmy (fair to all investors). (nasdaq.com, 2007)There are differences between both the AMEX and NASDAQ exchanges. freshman the AMEX is an ordain determined like a continuous auction field where the specialists/ brokers helpout with the trading. (amex.com, 2006) speckle the NASDAQ is a dealer establish competing system, where the dealers continually locate bids.

(nasdaq.com, 2007)Other differences are in terms of put orders that affect the determine of a stock. AMEX brokers can not trade for early orders at the same prices. By this terminus ad quem can compel temporarily non-negotiable after corporations have frequent announcements which can jibe revisions on quotes. (amex.com, 2006) In contrast, NASDAQ dealers are not allowed to rely on bounce orders of other investors. (nasdaq.com, 2007)WorldComAccording to Standard and little?s the WorldCom fiasco... If you necessity to get a full essay, order it on our website: Orderessay

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