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Then I will explain how the WorldCom Inc. case had affected the company and the industry of telecommunication.
NASDAQ, AMEX, and WorldCom Inc.
NASDAQ is a system that electronically trades stock to the National Association of Securities Dealers (NASD). The system displays median quotes over 5,000 over-the-counter securities. In order for a company to list their securities they have to meet a set of financial requirements. AMEX is an advanced centralized specialist system that also electronically trades stocks. This system lists over 700 companies and is designed to help maintain liquidity. Here again there are requirements to list securities...
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