-
Federal government issues $80 million in bonds that became the first issues of traded securities.
-
The New York brokers establish the New York Stock & Exchange Board (NYS&EB) They create a constitution with rules for the conduct of business.
-
The NYS&EB becomes the NYSE, New York Stock Exchange.
-
Gold speculation results in Black Friday.
-
Rumors of financial issues at Knickerbocker Trust, a leading NY bank, starts a run on banks throughout the city. This was regarded as America's most severe financial crisis to date.
-
America emerges from WWI as a creditor nation, and Wall Street supplants London as the world investment capital. Over the next 10 years, more than 1,700 foreign issues will be offered publicly in the U.S.
-
Stock prices fall sharply on Black Thursday with a record volume of nearly 13 million shares. Five days later, the market crashes on a volume of over 16 million shares. This marks the beginning of the Great Depression
-
NYSE opens its trading floor to the public.
-
As previously dominated by men, the NYSE hires women to work on the floor for the very first time.
-
The NYSE launches the "Own Your Share of American Business" educational and marketing program, aimed at expanding public participation in the stock market.
-
International Federation of Stock Exchanges is organized.
-
Death of Kennedy forces the emergency closing to avoid panic selling.
-
As trading volume surges, member firms struggle to process transactions on time. Member firm back offices work around the clock to keep up. The "paperwork crisis" continues for months, spurring increased automation.
-
The NYSE is incorporated as a not-for-profit corporation.
-
NYSE lists its first member organization, Merrill Lynch & Co., Inc. (NYSE Listed-MER).
-
Dow Jones Industrial Average experiences its largest one-day percentage drop in history, 508 points. This drop causes volume to surge to 604 million shares. The next day, volume reaches 608.
-
Dow Jones Industrial Average plummets 554 points, triggering the NYSE's "circuit breaker" rule for the first time.
-
The DJIA experiences its largest one-day point gain - 499.19 points - to close at 10,630.60.
-
The DJIA plummets 684.81 points, closing at 8,920.70 - its steepest point decline in a single day.
