1792day.year
The New York Stock Exchange is formed under the Buttonwood Agreement.
The New York Stock Exchange is established under the Buttonwood Agreement in New York City.
In 1792, twenty-four stockbrokers gathered under a buttonwood tree on Wall Street to sign the Buttonwood Agreement, forming the New York Stock Exchange. This pact set commission rates and created rules for trading securities, laying the groundwork for organized market operations. Over the centuries, the NYSE evolved into the world’s largest stock exchange by market capitalization. It introduced innovations such as the ticker tape and electronic trading platforms. The NYSE has remained at the heart of global finance, influencing economic activity worldwide.
1792
New York Stock Exchange
Buttonwood Agreement