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federal government refinances war debt. issued $80 million in bonds. first major issues of of traded securities.
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24 stockbrokers gathered around to sign an agreement that would establish rules for buying and selling bonds and shares.
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After the civil war ended, the securities market began to grow in NY
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when the war began, NYS&BE suspended trading in the seceding states
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Edward A. Calahan invented this. Brought stock prices to investors everywhere
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Initiated the Long Depression in the United States and most of Europe
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organized to centralize and speed up the process of transferring securities from broker to broker
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start to the crashing of the stock market
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lead to Great Depression
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began as the worlds first electronic stock market, trading for over 2500 securities.
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began in hong kong. spread around the world
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Failed Leverage buyout of United Airlines causes crash
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Conservative Gov forced to remove pound sterling from the ERM
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caused by economic crisis in asia
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collapse of technology bubble caused from disaster of 9/11
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9/11 caused grobal stock markets to downfall quickly
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NASDAQ had a 20% drop
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gained 11% in one day
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Dubai requests debt deferment
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Dow Jones dropped nearly 1000 pts before recovering
