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Faced with competion from merchants, twenty four stockborkers signed The Buttonwood Tree Agreement, which created a closed club in which members traded with each other and had to abide by the .25% comission rate.
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The New York Brokers adopted the name The New York Stock Exchange Board and moved to permanent quaters at 40 Wall Street.
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The Great Fire destroyed over 700 buildings and the brokers were forced to find temporary accomedations which lead to a boast in the number of shares from 100 to 1,000,000.
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The New York Stock exchange suspended trading in the seceded states
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The organization officially changed its name to the New York Stock Exchange adn moved to 10-12 Broad Street.
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The Civil War fueled expansion and membership and seats became negotiable. To get a seat a person had to buy it from a retiring member.
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The stock market crashed due to the Great depression. The Stock Exchange had a billion shares but then lost 12.8% of its value.
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The securities and exchange commission was establish and the act was signed making the NY stock exchange have to go public and be nonprofit.
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The New York stock Exchange created a list of all the common stock so that it was transmitted daily.
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The largest celluar telecommunication company in Russia was listed on the New York Stock Exchange becoming the first foreign company listed.
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The New York Stock Exhange opened an office in Beijing, China becoming the first foreign stock company to get approval to open in China.