The American Stock Exchange has a long and colorful history. Originally known as "curbstone brokers," the ancestors of today's NYSE MKT and NYSE Amex Options market professionals traded out in the street in all kinds of weather – in the rain and snow, and in the dog days of summer.
The curbstone brokers were open and inclusive, independent and tough. They took a chance on emerging industries, invested in smaller companies, and seized new investment opportunities. Providing a robust market for entrepreneurial growth companies, the Amex helped a large segment of corporations to grow and prosper. Over the course of two centuries, the Amex has been at the forefront of the U.S. financial markets serving its listed corporations and investors alike.
NYSE welcomed the historic American Stock Exchange into its group of exchanges in 2008. This union significantly enhanced NYSE's scale in U.S. options, exchange traded funds (ETFs), closed-end funds, structured products and cash equities. In addition, the combined company: