The council consists of executives from 12 Amex-listed companies who will meet quarterly to discuss issues that affect small and mid-cap companies such as regulation, corporate governance and visibility in the investment community. As part of the mandate, the council will provide expertise to assist in the development of initiatives to better enable the Amex to serve the needs of all listed companies.
"We welcome the expertise and enthusiasm of the listed company council and I believe that their practical business insight and broad participation will prove to be an invaluable asset to better serve the small and mid-cap community," said Neal Wolkoff, Amex Chairman and Chief Executive Officer.
The companies represented by the council are diverse in size, industry and location and range in market capitalization from tens of millions of dollars to well over one billion dollars. The council will also assist in the development of Amex strategies that support these companies.
About American Stock Exchange
The American Stock Exchange® (Amex®) is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRSSM. In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 150 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks.
