US Share Market is an organized market where members of the exchange trade shares, common share equivalents and bonds. They may be both agents and principals. They meet orders from individuals and institutional investors. Large number of securities are bought and sold at the share market of US.
The American Stock Exchange:
The American Stock Exchange (AMEX) is located in New York and is one of the three leading stock exchanges of the country. It still carries out dealings in small to mid-size stocks though its business focus is slowly shifting towards options and exchange-trade funds. Some of the market indices of the American Stock Exchange are:
Intellidexes
Inter@ctive Week Internet Index
- Dow Jones Industrial Average
- Amex Composite
- Five Year Treasury
Major companies listed in this exchange are:
- Northgate Minerals Corporation
- Grey Wolf, Inc
- Yamana Gold Inc
- Ultra Petroleum Corp
- Northern Orion Resources Inc
New York Stock Exchange:
The New York Stock Exchange (NYSE) or the "Big Board" is located in New York. It comes first in the world in terms of dollar volume and second in terms of number of listed companies. This stock exchange has a worldwide market capitalization of $21 trillion. The major market indices of the NYSE are:
- NYSE US 100
- NYSE Composite
- NYSE International 100
- NYSE Arca Tech 100
- NYSE World Leaders
The major companies listed in NYSE are as follows:
- A.G.Edwards
- ABM Industries
- K2 Sports
- The Coco-Cola Company
- Eastman Chemical Company
NASDAQ:
The National Association of Securities Dealers Automated Quotations system (NASDAQ) is the largest electronic screen-based equity security market in the USA. It has about 3200 companies and it allows multiple market participants to trade through its Electronic Communications Networks. About two out of seven shares traded in the American financial market are traded on this system. The major indices are NASDAQ 100 and NASDAQ Biotechnology Index.
The US share market is an indicator of the economic affluence of America. One interesting point is that the American share market has cleared its credit worries and other problems in order to grow faster.