World Of Finance

The American Stock transform ( kerb) and the NASDAQ ar examples of financial modify trade organizations. They both(prenominal) atomic number 18 mediums that tin a good in the financial merchandise commercialise. The American Stock Exchange is a mart for m any(prenominal) financial products such as strainings, options, commutation traded funds, and structured products. (amex.com, 2006) These products are traded through with(predicate) 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 genuine trading to both buyers and sellers. (amex.com, 2006)NASDAQ on it website has made postulates that they are the blistering growing stock market in the world. They also claim that they are the largest limit together States electronic stock market and that they trade more shares of their stocks per twenty-four hour period than any other U. S. market. The goal of NASDAQ is to bequeath a marketplace that is blue in technology, reliable, fast and impartial (fair to all investors). (nasdaq.com, 2007)There are differences amid both the AMEX and NASDAQ exchanges. archetypical the AMEX is an enounce goaded like a endless auction field where the specialists/ brokers helpout with the trading. (amex.com, 2006) slice the NASDAQ is a dealer establish competing system, where the dealers continually locate bids.

(nasdaq.com, 2007)Other differences are in terms of term orders that affect the determine of a stock. AMEX brokers can non trade for early orders at the same prices. By this demarcation can compel temporarily non-negotiable after corporations have existence announcements which can jibe revisions on quotes. (amex.com, 2006) In contrast, NASDAQ dealers are non allowed to rely on cook orders of other investors. (nasdaq.com, 2007)WorldComAccording to Standard and pathetic?s the WorldCom fiasco... If you necessity to get a full essay, order it on our website: Ordercustompaper.com

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