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Finding Amex's Salvation in New Technology

Traders Magazine, January 2006

Nina Mehta

The American Stock Exchange often comes across as a creaky old ship in the securities markets-one that's been taking on water in recent years. Instead of developing a robust technology platform for equities, Amex watched electronic communications networks siphon off market share in its marquee exchange-traded funds. Its options market share also declined in the face of new electronic exchanges.

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