Full Name: The American Stock Exchange.

Short Name: AMEX.

Location: New York City.

Established: 1,842.

Number of Companies Listed, 2010: Approximately 570.

The AMEX is like the NYSE, but much smaller.  The companies traded here are generally smaller than the ones on the NYSE.  Recently, the AMEX has focused on Trace stocks.

Diagram 5 displays the daily trading volume at the AMEX. Like NASDAQ, the AMEX has grown a lot over the past few decades, yet its volume is still considerably lower than either the NYSE or the NASDAQ.

Diagram 5

The AMEX’s Daily Volume (Millions of Shares)