Evolving to survive with the fittest. (developments at the American Stock Exchange)

After years of struggling in the shadow of the New York Stock Exchange, has the Amex finally found a formula for survival’?

At 9.30 am, when the trading bell rings. specialist Andrew Schwarz touches a screen in front of him, changing prices on an Apple put, one of nine options he handles. With one eye on the Instinet screen, he then completes a trade in one of the 36 stocks in which his firm holds the book.