American Stock Exchange

American Stock Exchange

noun
the second largest stock exchange in the U.S., located in New York City. Abbreviation: ASE, A.S.E.
Also called AMEX, Amex.
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American Stock Exchange definition


Traditionally, the second largest stock exchange in the United States, after the New York Stock Exchange. The American Stock Exchange is in New York City. It is often identified in financial pages as AMEX. In 1998, AMEX merged with the NASD, which runs the NASDAQ exchange.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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