Dealers Stock

Dealers Stock

The Different Types of Stock Markets

There are many different stock markets in the US. In most circumstances, the main markets that you will hear of are the New York Stock Exchange (NYSE), the American Stock Exchange (AMEX) and the NASDAQ.

The markets are basically where people and companies trade securities. The market is the arena in which the players gather to trade.

The New York Stock Exchange has been around since 1792. It is located on Wall Street in New York City. The NYSE is the largest and best-known stock exchange in the country. It also has very stringent requirements for companies to join its listings. A company must be financially strong and show signs of being an industry leader to join the NYSE. Companies strive to belong to this market, and even pay annual fees for membership.

When a brokerage describes itself as a member of the NYSE it means that the firm has bought a seat on the floor of the NYSE. This means that there is actually a employee on the floor of the exchange buying and selling stock. This is an expensive investment for a firm, costing well over a million dollars.

The American Stock Exchange is similar to the NYSE in that it conducts its trading on a trading floor. The floor is filled with traders who buy and sell securities. The AMEX has been located in Manhattan since 1921. It is known as a major exchange for not only stocks, but also options. You will tend to find slightly riskier and smaller stocks listed on the AMEX, which operates under the NASDAQ-AMEX Market Group, a subsidiary of the National Association of Security Dealers.

NASDAQ, or the National Association of Securities Dealers Automated Quotations, is the youngest of the three major markets. It may also be the one you have heard the most about through the news. It lists just about every stock in the industry, but it is best known for listing technology companies. In fact, it is where you will find many major technology stocks, including Microsoft and Intel. It was launched in 1971 and was the first over-the-counter stock market. It links buyers and sellers via a computer network.

Brokers and dealers will market the stocks by maintaning an inventory in their own accounts. They will buy or sell when they receive an order from an investor. You will find that start up companies that are issuing stock in an initial public offering will often list on the NASDAQ.

When it comes to buying stock, knowing where to find certain types of stock is important. Each market often specializes in slightly different types of stocks.

About the Author

Martin Lukac http://www.MartinLukac.com , represents http://www.RateEmpire.com , an Internet consumer banking marketplace. RateEmpire.com is a destination site of personal finance, investing, taxes and mortgage rates. RateEmpire.com provides mortgage guides and financial rates and information. RateEmpire.com also operates a financial portal #1 American Financial, found at http://www.1AmericanFinancial.com

Dealers responsibility to inspect vehicles before trade in, do they need to? Can we be held liable for mods?

Ok here is the story I had a heavy modified vehicle and I returned it to stock except for the injectors and reflash. SO I decided to trade it in for something else. Its been two months and they called me stating that they sold the behicle and the kid who purchased it took it to the another dealer ship and had it inspected. they found the injectors and reflash. so now they call me and demand the injectors stating something about the clean air act. and how its my responsibility. is this true? even if the cotract states its the dealerships car when I signed it over to them? any help would be great.
BTW I live in California

My opinion, and it is my opinion only, that it is now the dealer's deal and the dealer should deal with it. But, what do I know. Once they have title to the car why would you still have to make repairs to it? If they accepted the vehicle as it was then now it is between them and the new buyer. If the dealer overlooked whatever it was they overlooked at the time they took possession of the vehicle whose fault is that? What will they come back to you for next? Where does it stop? Do you see how illogical this is?

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