World Of Finance

The American Stock metamorphose ( curb bit) and the NASDAQ ar examples of fiscal commercialize trade organizations. They both(prenominal) argon mediums that picture a good in the financial profession merchandise. The American Stock Exchange is a mart for m all financial products such as strainings, options, change traded funds, and structured products. (amex.com, 2006) These products are traded finished 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 each(prenominal) investors of assisting in fair and straightforward trading to both buyers and sellers. (amex.com, 2006)NASDAQ on it website has made carrys that they are the instantaneous growing stock grocery in the world. They also claim that they are the largest transmit in concert States electronic stock market and that they trade more shares of their stocks per xxiv hour period than any other U. S. market. The goal of NASDAQ is to turn in a marketplace that is in high spirits in technology, reliable, fast and vapourous (fair to all investors). (nasdaq.com, 2007)There are differences surrounded by both the AMEX and NASDAQ exchanges. primary the AMEX is an come in set like a constant auction field where the specialists/ brokers helpout with the trading. (amex.com, 2006) fleck the NASDAQ is a dealer ground competing system, where the dealers continually locate bids.

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

If you want to get a full essay, wisit our page: write my paper