Introduction
I have been asked to write a report for a group of new stock brokers. The report is about the American Stock Exchange (AMEX) and the National Association of Securities Dealers Automated Quotations (NASDAQ). Some things I will discuss are the operations of each system and the similarities and/or differences of each system. Then I will explain how the WorldCom Inc. case had affected the company and the industry of telecommunication.
NASDAQ, AMEX, and WorldCom Inc.
NASDAQ is a system that electronically trades stock to the National Association of Securities Dealers (NASD). The system displays median quotes over 5,000 over-the-counter securities. In order for a company to list their securities they have to meet a set of financial requirements. AMEX is an advanced centralized specialist system that also electronically trades stocks. This system lists over 700 companies and is designed to help maintain liquidity. Here again there are requirements to list......
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Approximate Word Count: 713
Approximate Pages: 3 (260 words per double-spaced page) |