The NYSE AMEX listing requirements are a list of criteria for listing stock on the former American Stock Exchange. Many people trade on the New York Stock Exchange (NYSE) as well, but it has different listing requirements. The New York Stock Exchange acquired what used to be the American Stock Exchange in 2008. It now has a small-cap equities exchange called the New York Stock Exchange American, or NYSE American. Here is more about the NYSE AMEX listing requirements.
The American Stock Exchange held listings for stock in over 700 companies at one time. It was the second-largest auction marketplace. The New York Stock Exchange was the largest. The regular listing criteria included a minimum of $750,000 in pre-tax income for two of the three previous fiscal years. Sellers also had to maintain a minimum of $3 million in public market float, a minimum stockholder’s float of $4 million, and a minimum stock price of three dollars.
There were several tiers of requirements, so these options became more flexible for some companies. The agency setup of the American Stock Market was intended to facilitate market meetings between public buyers and sellers. The American Stock Exchange has changed names and owners several times since 1988, and it is currently called the NYSE MKT. Today, it operates with the intention of serving the world’s leading small-cap companies in equities exchanges.
The market utilizes technology and techniques used on the regular NYSE to provide investors with more choices and information as they invest in growing companies. Contact Business Name online at website.
