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NASDAQ and AMEX

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Visit the American Stock Exchange (AMEX): http://www.amex.com, and the NASDAQ: http://www.nasdaq.com. How do these two exchanges operate?

Include:

1. What similarities exist between AMEX and NASDAQ?
2. What differences exist between them?
3. How has the Former WorldCom Inc. Chief Executive Bernard Ebber's case affected WorldCom Inc., and the Telecommunication industry?

Then, answer the following questions:

1. What economic functions are performed by financial intermediaries?

2. In the financial market, what is the role of a broker?

3. Since the start of on-line investing, how has that role changed?

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Solution Summary

In this approximately 1,569 word solution, AMEX and NASDAQ are introduced and discussed, along with how they are similar and different and how Ebber's case has affected WorldCom Inc and the telecommunication industry. Furthermore, the economic function performed by financial intermediaries is provided, along with the role of a broker and how it has changed since the start of online investing.

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  • BSc, Dokuz Eylul University
  • MBA, Texas A&M University-Kingsville
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