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NYSE American, formerly known as the American Stock Exchange (AMEX), and more recently as NYSE MKT, is an American stock exchange situated in New York City. AMEX was previously a mutual organization , owned by its members.
The NYSE Arca Major Market Index (or XMI or MMI), previously the AMEX Major Market Index, is the American price-weighted stock market index made up of 20 Blue Chip industrial stocks of major U.S. corporations. Several of the stocks are also components of the Dow Jones Industrial Average .
Share of the American Express Company, 1865. In 1850, American Express was started as a freight forwarding company in Buffalo, New York. [14] It was founded as a joint-stock corporation by the merger of the cash-in-transit companies owned by Henry Wells (Wells & Company), William G. Fargo (Livingston, Fargo & Company), and John Warren Butterfield (Wells, Butterfield & Company, the successor ...