This Day in Business History: New York Stock Exchange Founded

NYSE Photo

May 17, 1792 – Outside of 68 Wall Street under a Buttonwood Tree, 24 New York City stockbrokers and merchants signed the Buttonwood Agreement which began the New York Stock Exchange (NYSE). Stock Exchanges have been around for while in United States. In 1790, the Philadelphia Stock Exchange, originally named the Board of Brokers of Philadelphia, was founded, and was the only true competitor to the NYSE until other American Stock Exchange companies were founded in the 1800s. After many years of operation, on May 25, 2018, Stacey Cunningham became the first president of the NYSE. 


Library of Congress