Technology Key to Amex’s Survival

FRONT PAGE: NEWS ANALYSIS

NEW YORK—The American Stock Exchange (Amex) hopes to turn around its fortunes with a new technology and operations team as well as the rollout of state-of-the-art technology.

In particular, Amex is readying the debut of its Alternative Trading System (ATS) for hybrid trading, and a revamping of the Amex New Trading Environment (ANTE) platform for options, officials tell DWT.

The IT overhaul effort coincides with news last week that Amex president Peter Quick has stepped down after serving for five

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