The New York Stock Exchange (NYSE) was established on 17 May 1792. This event is historically significant as it marked the beginning of organized securities trading in the United States. The NYSE, located on Wall Street in New York City, has since become one of the world's largest and most influential stock exchanges, playing a central role in global finance.
The formation of the NYSE was preceded by the Buttonwood Agreement, which was signed on 17 May 1792, by 24 stockbrokers and merchants under a buttonwood tree located at 68 Wall Street. This agreement established rules for securities trading and laid the foundation for what would become the New York Stock Exchange.
Over the centuries, the NYSE has evolved and expanded, adapting to changes in technology, regulation, and market dynamics. Today, it facilitates the trading of a wide range of securities, including stocks, bonds, exchange-traded funds (ETFs), and other financial instruments, and it continues to be a symbol of the global financial system.
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