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Q: History of the NYSE? ( Answered 5 out of 5 stars,   0 Comments )
Question  
Subject: History of the NYSE?
Category: Reference, Education and News > General Reference
Asked by: bradbwh-ga
List Price: $2.00
Posted: 18 May 2003 09:45 PDT
Expires: 17 Jun 2003 09:45 PDT
Question ID: 205447
When was the New York Stock Exchange founded, and by whom?
Answer  
Subject: Re: History of the NYSE?
Answered By: bobbie7-ga on 18 May 2003 10:08 PDT
Rated:5 out of 5 stars
 
Hello bradbwh-ga,

Thank you for your question.


From A Dictionary of Accounting, Oxford University Press, Market House
Books Ltd 1999:

“The New York Stock Exchange “was founded in 1792 under the Buttonwood
Agreement (the name of the tree under which 24 merchants agreed to
give each other preference in their dealings); it moved to Wall Street
in 1793. The New York Stock & Exchange Board was formally established
in 1817; it was renamed the New York Stock Exchange in 1983.”
http://www.xrefer.com/entry.jsp?xrefid=448693&secid=.-&JServSessionIdxrefer=74dlvxfkil&hh=1


New York Stock Exchange

“First organized:
May 17, 1792 -- Twenty-four stock brokers signed an agreement to trade
with one another beneath a Buttonwood Tree outside 68 Wall Street.

First constitution:
March 8, 1817 -- A constitution with rules for the conduct of business
was adopted. The organization was named the New York Stock & Exchange
Board. The name was shortened to New York Stock Exchange in 1863.

First incorporated:
February 18, 1971 as the New York Stock Exchange, Inc., a
not-for-profit corporation.”

New York Stock Exchange Website
http://www.nyse.com/about/1022221392987.html


Further Reading:

“The NYSE has a long and fascinating history” 
New York Stock Exchange Website
http://www.nyse.com/about/1020656067766.html


History of the building:
New York Stock Exchange Website
http://www.nyse.com/about/1022743347410.html


The New York Stock Exchange and Human Confidence
http://www.priweb.org/ed/ICTHOL/ICTHOL02_peer_review_papers/06.html


Search Criteria:
New York Stock Exchange was founded

 
I hope this helps. If anything is unclear please request clarification
and I'll be glad to offer further assistance before you rate my answer
and close the question.


Best regards,
Bobbie7-ga

Request for Answer Clarification by bradbwh-ga on 30 May 2005 19:32 PDT
TESTING -- do not answer. Thanks.

Clarification of Answer by bobbie7-ga on 30 May 2005 19:48 PDT
ok
bradbwh-ga rated this answer:5 out of 5 stars
Thanks much!

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