The American Stock Exchange (Amex) will begin trading five additional Nasdaq securities in its Nasdaq UTP Program effective Monday, May 24, 2004 in preparation for the upcoming Dow Jones test program. During the test program, Dow Jones will use the opening and closing prices of Nasdaq-listed stocks traded on the Amex to generate Dow Jones Averages (for the Industrial and Transportation averages). The list of Amex specialist firms and Nasdaq securities allocated to them include: Symbol Security Name Specialist Firm ALEX Alexander & Baldwin Inc Kellogg Capital Group JBHT JB Hunt Transport Services Inc Bear Hunter Structured Products NWAC Northwest Airlines Corp Equitec Specialist, LLC USFC USF Corp Bear Hunter Structured Products YELL Yellow Roadway Corp Susquehanna International Group
Hey JM what effects do you think the amex will have on trading in these stocks. Doesn't everyone just avoid the amex cuz he is to slow? If not how does one get auto ex for amex and what kind of size if so? scalp
Effects: Another liquidity source and the rates their may be cheap. Autox: I think its only on the ETF's(2000, DIA 5000)