NASDAQ-AMEX: The Nasdaq-Amex Group formed by NASD.

0 Comments | M2 Presswire, February, 1999

M2 PRESSWIRE-2 February 1999-NASDAQ-AMEX: The Nasdaq-Amex Group formed by NASD (C)1994-99 M2 COMMUNICATIONS LTD RDATE:020299 "The Market of Markets" The National Association of Securities Dealers, Inc. (NASD) and The American Stock Exchange (Amex) have completed their merger. The Nasdaq Stock Market (Nasdaq) and Amex will operate as separate markets under the management of The Nasdaq-Amex Market GroupSM, a newly-created subsidiary of NASD that will oversee both market systems and explore technological efficiencies and international opportunities.

Frank G. Zarb will head The Nasdaq-Amex Market Group and remain as chairman and chief executive officer of the NASD. Richard F. Syron remains as chairman and chief executive officer of the Amex. Alfred R....

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