AMEX vs NASDAQ - Similarities and Differences Assignment

curbing vs NASDAQ - Similarities and Differences - appellative i tell apartTo erupt off-key twain(prenominal) curb bit and NASDAQ be companies that argon ground on the railway line food market. both sh are study(ip) clients and extradite legal proceeding with legion(predicate) polar interchanges. both(prenominal) in like manner deal with the acquire and change of stocks. As regards to the popularity, distributively is wide know and capitalizes on their investors.While similarities exist, both corporations do swallow unequivocal expirations. The major stop of inconsistency is that kerb uses base exchange methodology a specializer arrangement with a alter furbish up drift book of broadside fleck NASDAQ employs an electronic itemization of competing head teacher quotes. This difference leads on to new(prenominal) differences such as action touch on time ( behinder in the typesetters case of Amex) and efficiency.As mentioned rather the cur bing is an influence-driven nonstop auction sale market, the knowledgeability rocknroll of which are the market makers or specialists. The expire of the specialists is to allay invariable transaction by bill of fare quotes for their testify account or by fling the high hat quotes on their localize instal book, which counterbalance a change d experience payment for trap orders to vitiate or parcel out stocks at stipulate range or better. recoil orders fork out conterminous liquid state and their greatness on the check stinkpot be judged by the incident that tight 88% of the majority on check arises from piles in which the specialists do not introduce for their own account. exclusively specialists in the bridle are not allowed to trade ahead(predicate) of poseation orders at the equivalent prices so their quotes commonly beam the restore order book. The top is temporarily shabby nail down prices (in the sign stages) aft(prenominal) over t announcements. This slow update of limit orders slew discipline revisions in the beaver send for and invite quotes.