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Topic: Business
Number of pages / Number of words: 4 / 876
Essay's paper body

The American stock exchanged merged with the National Association of Securities Dealer to create the NASDAQ and AMEX Market Group, where AMEX is an independent entity of the NASD parent company. After tension between the NASD and AMEX, the latter group bought out the NASD and acquired complete control of AMEX in 2004...


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AMEX

The primary difference among AMEX and NASDAQ is in the way securities on the exchanges are transacted among buyers and sellers. NASDAQ is a dealer's market, in which market members are not buying from and selling to one another but to and from a dealer, which, in the case of the NASDAQ, is a market maker...


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