Börse American Stock Exchange

Auszug aus den Börsenusancen

Bitte beachten Sie, dass die angeführten Börsenusancen nur einen Auszug darstellen und sich ändern können. Die vollständigen Börsenusancen liegen direkt bei der Börse auf. Jegliche Haftung unsererseits im Zusammenhang mit den angeführten Börsenusancen ist ausgeschlossen.

Allgemeine Informationen
Börsenname American Stock Exchange
Börsensitzung 9:30 Uhr bis 16:00 Uhr Ortszeit; 15:30 - 22:00 Uhr (MEZ)
Versammlungsart Parkettbörse (Präsenzbörse)
Börsenart geregelte Finanzbörse
Kursnotiz Stücknotiz (Aktien)
Börsenwährung US-Dollar
Limitarten Betrag
Mögliche Limitzusätze Stop Market
Mögliche Gültigkeiten bis max. 90 Tage
Valuta Schlusstag + 2 Werktage


An folgenden Tagen findet kein Börsenhandel statt. Bitte beachten Sie, dass sich manche Feiertage vom Datum her verschieben können.

Datum Feiertag
1. Jänner New Year's Day
20. Jänner Martin Luther King Day
17. Februar Presidents' Day
6. April Daylight Savings Begins
18. April Good Friday
26. Mai Memorial Day
4. Juli Independence Day
1. September Labor Day
13. Oktober Columbus Day
26. Oktober Daylight Savings Ends
11. November Veterans' Day
27. Novemer Thanksgiving
25. Dezember Christmas Day

Bitte beachten Sie auch die Orderrichtlinien!

American Stock Exchange
86 Trinity Place
New York, NY 10006
Telephone: (212) 306-1000

A computerized clearing system arranges payment and certificate delivery on the third trading day after the transaction is made.

The Depositary Trust Company (DTC)
55 Water Street
New York, NY 10041

The Options Clearing Corporation (OCC)
440 South LaSalle Street, Suite 2400
Chicago, IL 60605

Common and preferred shares, warrants, American Depositary Receipts, rights, corporate bonds, US and other governments' bonds, international bank bonds and index and equity options are traded on all or some of the Exchanges.

U.S. Companies - The NYSE requires that companies listed on the exchange satisfy certain quantitative standards and sign a listing agreement. The NYSE listing standards for U.S. companies requires such companies to have:
1) pre-tax income of US$2.5 million in the most recent year and US$2 million in the next preceding years, or an aggregate pre-tax income of US$6.5 million in the most recent three years, with a minimum of US$4.5 million in the most recent year (all three years must be profitable);
2) net tangible assets of US$40 million;
3) aggregate market value of publicly held shares in the USA of US$40 million;
4) 1.1 million shares publicly held in the USA; and
5) the number of holders of round lots (100 shares or more) to be 2,000 in the USA, or the total number of shareholders to be 2,200 and the average monthly trading volume of 100,000 shares for the most recent six months.

Non-U.S. Companies - The NYSE listing standards for non-U.S. companies requires such companies to have:
1) an aggregatepre-tax income of US$100 million in the most recent three years, with a minimum of US$25 million in any one of the three years;
2) net tangible assets of US$100 million worldwide;
3) aggregate market value of publicly held shares of US$100 million worldwide;
4) 2.5 million shares publicly held worldwide;
5) the number of holders of round lots (100 shares or more) to be 5,000 worldwide.

Companies with more than 500 shareholders and $3 million in assets are required by the Securities and Exchange Commission to file annual and quarterly reports that include disclosure of financial information. The individual Exchanges have their own rules concerning the information that must be disclosed to shareholders by listed companies.

Commissions collected by brokers as the result of the sales of shares are a matter of negotiation between broker and client.

Dividends are subject to a 30% withholding tax, although this is reduced for investors who reside in a country with a tax treaty in force with the United States. Capital gains are treated as ordinary income, subject to tax rates of between 15% and 28%.

Two near-term months plus two additional months of the January, February or March sequential cycle.

The last day to exercise an equity option is the third Friday of the expiration month.


The rule curbs computer-guided trading in an attempt to stabilize the market. When the Dow Jones Industrial Average is up or down 210 points, from its previous close, all Index arbitrage orders in the S & P 500 stocks must be stabilizing, i.e. "buy minus" or "sell plus". This rule is in effect for the remainder of the day, unless the Dow Jones Industrial Average moves back to or within 100 points of the previous day's close.

Effective April 15, 1998, new rules replaced old circuit-breaker thresholds of 350 and 550 point declines in the Dow with new percentage-based levels of 10%, 20% and 30% declines in the Dow. The actual numerical points will be determined each calendar quarter, using the average closing value of the Dow average for the previous month. The circuit-breaker and trading-collar trigger levels for the 2nd quarter 2001, effective April 2, will be adjusted to new levels. For the 2nd quarter the numerical points are 1,000, 2,000, and 3,000 point declines. The following is a chart, provided by the NYSE, which represents the trigger points and trade-halt durations of the new circuit breakers.

  Before 1:00 p.m. 1:00 p.m. - 1:59 p.m. 2:00 p.m. - 2:29 p.m. 2:30 p.m. or later
1,000 Decline in the Dow 1 Hour Halt 1 Hour Halt 1/2 Hour Halt No Halt
2,000 Decline in the Dow 2 Hour Halt 1 Hour Halt Close for the Day Close for the Day
3,000 Decline in the Dow Close for the Day Close for the Day Close for the Day Close for the Day