About the NYSE American Stock Exchange
NYSE American exchange was formerly known as The American Stock Exchange or AMEX. Based in New York City, the exchange was rebranded as the NYSE American after having been acquired by NYSE Euronext in 2008. While the NYSE American is a smaller exchange that the more famous New York Stock Exchange, it is the exchange that is preferred by smaller companies that don’t meet the strict requirements of the New York Stock Exchange.
It’s one of the largest stock exchanges by trading volume in the US, and was once the New York Stock Exchange’s main competitor. The NASDAQ has since taken that role, but the NYSE American still plays an important role in the American economy.
This page will provide you with a list of the companies that trade on the NYSE American, the relevant indices that track the exchange, a brief history of the institution, and the performance of today’s tradeable stocks.
The NYSE American was originally founded in 1908 as the New York Curb Market Agency. This refers to the way the exchange grew out of what is known as curbstone brokers – brokers that would trade on the curbside of the financial district. For over a decade, the institution formalised this sort of trading and acted in competition to the New York Stock Exchange.
In 1921, the curbstone brokers moved indoors to their new building and became the New York Curb Exchange. The growth that followed this move was exponential, with the exchange soon becoming the world’s leading international stock exchange. The exchange continued to perform impressively, and in 1953 was renamed as the American Stock Exchange.
In the early 1960s, the American Stock Exchange was forced to reorganise after a scandal relating to mismanagement, and this had an adverse effect on its performance but the exchange pulled through. By the early 1970s it was the USA’s second-largest stock exchange, and had a good reputation on social issues – having listed its first African-American owned company (Johnson Products Company) in 1971.
In 2008, NYSE bought out AMEX for $260 million in stock, and introduced it into the group of existing exchanges. This move enhanced the NYSE’s scale when it came to ETFs, US options, structured products, and closed-end funds. The exchange was rebranded the NYSE American, the name it still trades under today.
The main index for the NYSE American Stock Exchange is the NYSE Composite Index. This index tracks the performance of all the stocks traded on the exchange and gives valuable insight into the US economy.
There are over 1,900 stocks tracked using the NYSE Composite, and 1,500 of those are US companies. There are tracking stocks and real estate investment trusts included in that number, and the NYSE Composite Index has strict listing requirements and was first established in 1966.
Including innovative trades, the NYSE American Stock Exchange is one of the largest stock exchanges by US trading volume. Dealing mainly in small and mid-cap derivatives and stocks, the NYSE American boasts the second-largest options trading market. The exchange itself is competitively priced and uses e-DMMs (electronic Designated Market Makers), with 8,000+ NMS securities trading in a fully electronic manner.
Top 20 companies by market cap
|Pos||Name & symbol||Prev Close||Open||Market Cap||Change|
|1||143.39||141.7||0||-2.15 ( -1.5%)|
|2||47.83||47.32||0||0.08 ( 0.17%)|
|3||13.4246||0||0 ( 0%)|
|4||43.84||43.64||0||0.88 ( 2.01%)|
|5||3.82||3.84||0||-0.01 ( -0.26%)|
|6||11.18||11.3||0||-0.059 ( -0.53%)|
|7||3640.01||3666.58||0||43.99 ( 1.21%)|
|8||1.15||1.15||0||0.075 ( 6.52%)|
|9||27.12||27.22||0||0.11 ( 0.41%)|
|10||5.26||5.24||0||0.055 ( 1.05%)|
|11||103.19||103.34||0||5.215 ( 5.05%)|
|12||4.86||4.86||0||0.01 ( 0.21%)|
|13||4.62||4.61||0||-0.07 ( -1.52%)|
|14||12.81||12.87||0||-0.13 ( -1.01%)|
|15||121.66||121.35||0||1.25 ( 1.03%)|
|16||9.16||9.13||0||-0.02 ( -0.22%)|
|17||35.36||35.35||0||0.24 ( 0.68%)|
|18||3.07||3.02||0||-0.02 ( -0.65%)|
|19||6.53||6.54||0||-0.07 ( -1.07%)|
|20||8.1||8.09||0||0.04 ( 0.49%)|