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The history of the Stock Exchange begins with the signing of the Buttonwood Agreement by 24 NYC Stockbrokers and merchants.
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It was formally constituted as the New York Stock and Exchange Board
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The Stock Market reaches a trading amout of 5,000 shares a day.
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When many investors suffered heavy losses, the exchange began to demand that companies disclose to the public information about their finances as a condition of offering stock.
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The only means of obtaining a membership was by purchasing a seat from an existing member.
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As World War I escalated, the NYSE closed for more than four months to stop plunging stock prices. It was the longest the NYSE has been closed.
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Stocks fall dramatically and is considered the start of the Great Depression.
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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.
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NYSE closes for four days after the Sept. 11 terrorist attacks on the World Trade Center. When it reopens, the Dow falls 684.81 points, steepest one-day point decline.
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Highest price paid for NYSE membership -- $4,000,000.
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NYSE Euronext’s U.S. futures exchange completes its first day of trading. NYSE Euronext had purchased CME Group’s Metals Complex earlier in 2008.
