History of the New York Stock Exchange

By thatzeldanerd

  • Buttonwood Agreement

    Buttonwood Agreement
    Stock brokers and merchants meet to acknowledge the start of the New York Stock Exchange.

  • Exchange is named

    Exchange is named
    The New York Stock Exchange and Board is established and the brokers begin to rent rooms on 40 Wall Street

  • Panic of 1857

    Panic of 1857
    The prices drop from 8% to 10% in one trading session. There was a 45% drop in the market value.

  • Civil War

    Civil War
    Trading securities with seceding states was suspended at the start of the Civil War.

  • Name Change

    Name Change
    The name gets changed from the NYS&EB and becomes the New York Stock Exchange.

  • Rights

    Rights
    Members of the New York Stock Exchange are allowed to sell their seats.

  • Panic of 1873

    Panic of 1873
    A banking firm in Philadelphia fails after speculations. The Stock Exchange closes for 10 days as the panic spread across the nation.

  • Headquarters

    Headquarters
    The new headquarters of the New York Stock Exchanged are established on Broad Street.

  • Panic of 1907

    Panic of 1907
    Financial problems at a leading New York bank, Knickerbocker Trust began to spread.

  • World War 1

    World War 1
    Security exchanges all around the world begin to suspend operations when Europe gets engulfed by World War 1. The New York Stock Exchange closed its doors for 4.5 months.

  • Great Depression

    Great Depression
    Five days after black Thursday, the stock market crashes, marking the start of the Great Depression.

  • First President

    First President
    The New York Stock Exchange gets their first full-time president, William McChesney Martin Jr.

  • Surge

    Surge
    President Eisenhower suffers a heart attack, which leads to a huge wave of selling at the Exchange

  • Drop

    Drop
    The Dow had the largest drop in a single day. It dropped by 508 points or 22.61%

  • Surge

    Surge
    Dow had largest gain in a single day. It gained 499 points.

  • Decline

    Decline
    After 9/11, the stock exchange closed for four days and the Dow dropped 685 points.

  • Merger

    Merger
    The New York Stock Exchange group was formed after the New York Stock Exchange and Archipelago Holdings merged.

  • Merger

    Merger
    NYSE Group and Euronext merged, creating the NYSE Euronext group.

  • Aquisition

    Aquisition
    NYSE Euronext gets the American Stock Exchange. They then become the third largest marketplace option in the United States.

  • The End

    The End
    Atlanta-based Intercontinental Exchange buys the New York Stock Exchange.