Arizona Stock Exchange

Arizona Stock Exchange - The Arizona Stock Exchange, also known as AZX is an electronic stock exchange that enables purchasers and sellers to buy or sell stock securities directly to each other without the use of a broker, even after the stock market itself has closed. The Arizona Stock Market opened in 1990 in Phoenix, Arizona and closed in 2001. It would seem that it was deemed as not needed, due to the lack of volume and availability of the bigger stock markets.