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The beginning
The Stock exchange began on May 17, 1792 in New York outside 68 Wall Street, under a Buttonwood Tree. The agreement that started the exchange was the Buttonwood Agreement by 24 stockbrokers and merchants. -
The Invention of the Stock Ticker
Invented by Edward Calahan for the Gold and Stock Telegraph Company in New York -
DOW
Not only was the coronation of Czar Nicholas II held in Moscow, but Charles Henry Dow published his index of industrial stocks for the first time in New York. It was only made up of 12 companies then, but now it is comprised of 30. -
New address
New York Stock exchanges moved to a a building at the corner of Broad street and Wall Street. Where it is still housed today. -
World War I
The longest closure of the Stock Exchange was when WWI escalated, the stock market closed for more than four months to stop plunging stock prices. -
Stock Market crash
In the mid to late 1920's the US stock Market underwent rapid expansion. Any of the warnings about the crash were unheeded.
The first day of real panic was Oct 24, 1929, Black Thursday. A record 12.9 million shares were traded as investors tried and failed to save their losses. -
Women
In the middle of WWII women work on the floor of the stock exchange for the first time. -
NASDAQ
Founded in 1971, this was the first exchange to recognize the role of electronics in stock trading. -
9/11 terror attaks
This was only the third time in history that Wall Street closed for a period of time. It was closed from the 10-17. Aside from human loss, the economic loss was drastic as well. Over $60 billion was lost in insurance and around 18,000 small business were either displaced or totally destroyed. -
Flash Freeze
NASDAQ listed securities fell offline for three hours and 11 minutes when the security information processor failed. NASDAQ could do no trading.