NYSE MKT LLC, formerly known as the American Stock Exchange (AMEX), is an American stock exchange situated in New York City, New York. AMEX was a mutual organization, owned by its members. Until 1953, it was known as the New York Curb Exchange.
On January 17, 2008, NYSE Euronext announced it would acquire the AMEX for $260 million in stock; on October 1, 2008, NYSE Euronext completed the acquisition. Before the closing of the acquisition, NYSE Euronext announced that the AMEX would be integrated with the Alternext European small-cap exchange and renamed the NYSE Alternext U.S.
In March 2009, NYSE Alternext U.S. was changed to NYSE Amex Equities. On May 10, 2012, NYSE Amex Equities changed its name to NYSE MKT LLC.
Read more about American Stock Exchange: History
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“The freedom to make a fortune on the Stock Exchange has been made to sound more alluring than freedom of speech.”
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“First in booze, first in shoes, and last in the American League.”
—Administration in the State of Miss, U.S. public relief program (1935-1943)
“The freedom to make a fortune on the Stock Exchange has been made to sound more alluring than freedom of speech.”
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“So long as the system of competition in the production and exchange of the means of life goes on, the degradation of the arts will go on; and if that system is to last for ever, then art is doomed, and will surely die; that is to say, civilization will die.”
—William Morris (1834–1896)