Without much fanfare, the American Stock Exchange has achieved remarkable success over the past two years in attracting new listings, especially from foreign issuers.
Between 2002 and 2003, Amex attracted 77% more new listings than in the previous year, compared with a fall in new listings of 36% at the New York Stock Exchange. New listings on Nasdaq were unchanged.
So far this year, Amex has attracted 74 new listings, while NYSE has listed 91, and Nasdaq 110.
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