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Wall Street Laid Out
Surveyors lay out Wall Street along the line of the stockade. -
US Investment Markets Born
The federal government refinances all federal and state Revolutionary War debt, issuing $80 million in bonds. These become the first major issues of publicly traded securities, marking the birth of the U.S. investment markets -
Five Securities Traded
There are five securities traded in New York City. Three are government bonds and two are bank stocks. -
Securities Market Grows
In the aftermath of the War of 1812, the market for securities in New York begins to grow. Along with government bonds, bank and insurance stocks now trade. -
Rules and a Constitution
A constitution with rules for the conduct of business is adopted. -
NY Brokers Form NYS & EB
The New York brokers establish a formal organization, the New York Stock & Exchange Board (NYS&EB) and rent rooms at 40 Wall Street. They adopt a constitution with rules for the conduct of business. -
Call Market Procedure
Stocks are traded in a "call market." The president reads out the list of stocks as the brokers trade each security in turn. There are two trading sessions each day, one in the morning and another in the afternoon. -
New names
The New York Stock & Exchange Board becomes the New York Stock Exchange (NYSE). -
"Watering Stocks" Prohibited
The New York Stock Exchange and the Open Board, another exchange, crack down on the practice of issuing shares in secret, known as watering stock. -
Lowest Price for Membership
A membership sells for $17,000, the lowest price in the twentieth century. -
New York Futures Exchange
Expanding into futures trading, the NYSE forms the New York Futures Exchange (NYFE). -
First 100 Million Share Day
The NYSE experiences its first 100 million share day. -
Trading Hours Change
trading hours change to 9:30 a.m. until 4 p.m. where they remain today. -
Largest One-Day Percentage Drop
On October 19, the Dow Jones Industrial Average experiences its largest one-day percentage drop in history, 508 points or 22.61 percent. This drop causes volume to surge to an unprecedented 604 million shares. The next day, volume reaches 608 million shares. -
Industry Wide Test
An industry wide test demonstrates the ability to handle volume in excess of 800 million shares a day. -
51 Million Americans Own Stock
More than 51 million Americans own stocks, according to the latest NYSE census. -
"Market 2000"
The SEC issues its "Market 2000" study of the U.S. securities markets. The SEC approves a uniform shareholder voting rights policy adopted by the NYSE, the American Stock Exchange and the National Associations of Securities Dealers. -
Video: Trading Posts Upgrade
The NYSE launched an aggressive plan to re-engineer the NYSE trading floor to make use of the most sophisticated technology of the time. Handheld terminals, fiber optics, cellular communications and the first large-scale application of high-definition flat-screen technology were installed to speed market information and strengthen trading floor professionals' ability to manage orders. The two-minute timelapse film below follows the progress of technicians installing -
First NYSE Exchange - Traded FundThe NYSE introduces the first equity product that tracks the S&P Global 100 Index -- the iShares S&P Global 100 Exchange Traded Fund (NYSE-listed IOO).
The NYSE introduces the first equity product that tracks the S&P Global 100 Index -- the iShares S&P Global 100 Exchange Traded Fund (NYSE-listed IOO). -
NYSE Files to Expand Automatic Trading
On August 2, the NYSE files to expand the NYSE Direct+® system. If approved by regulators, limits will be eliminated on the size, timing, and types of orders that can be submitted via Direct+, significantly increasing the level of purely electronic trading at the NYSE.