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arizona stock exchange (azx)

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Financial Dictionary

Arizona Stock Exchange (AZX)

An electronic exchange for the online trading of NYSE, Nasdaq, and AMEX stocks. The exchange attempts to balance bids and offers to find a consensus price in scheduled daily auctions. All successful participants in a particular auction receive the same price.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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