Difference between revisions of "New York Stock Exchange"

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The '''New York Stock Exchange''' is the world's largest exchange for trading [[stock]]s and [[bond]]s. It is located in downtown [[Manhattan]].
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The '''New York Stock Exchange''' (often abbreviated to '''NYSE''') is the world's largest place to buy, sell and exchange stocks. It originated with the [[Buttonwood Agreement]] when in 1792 a group of speculators gathered under a buttonwood tree in what is now known as [[Wall Street]] in lower Manhattan, NYC. They met to create rules on how the speculative market would work. The result was a brief document consisting of two sentences is was called the Buttonwood Agreement. Their first official meeting place was the Tontine Coffee House on Wall Street 1793. In 1817, they became known as the New York Stock & Exchange Board. It was changed to the New York Stock Exchange in 1863.
  
 
==Sources==
 
==Sources==
 
http://usinfo.state.gov/products/pubs/oecon/chap12.htm
 
http://usinfo.state.gov/products/pubs/oecon/chap12.htm
  
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[[Category:Economics]]
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[[Category:Stock Exchanges]]

Latest revision as of 22:32, October 29, 2022

The New York Stock Exchange (often abbreviated to NYSE) is the world's largest place to buy, sell and exchange stocks. It originated with the Buttonwood Agreement when in 1792 a group of speculators gathered under a buttonwood tree in what is now known as Wall Street in lower Manhattan, NYC. They met to create rules on how the speculative market would work. The result was a brief document consisting of two sentences is was called the Buttonwood Agreement. Their first official meeting place was the Tontine Coffee House on Wall Street 1793. In 1817, they became known as the New York Stock & Exchange Board. It was changed to the New York Stock Exchange in 1863.

Sources

http://usinfo.state.gov/products/pubs/oecon/chap12.htm