Dictionary of Business Terms: American Stock Exchange (AMEX or ASE)
American Stock Exchange (AMEX or ASE)
stock exchange with the second biggest volume of trading in the United States, located at 86 Trinity Place in downtown Manhattan. Stocks and bonds traded on the Amex are mainly those of small to mediumsize companies, as contrasted with the huge companies whose shares are traded on the New York Stock Exchange. Stock options are also traded on the Amex, which is sometimes referred to as the Curb.
