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Buttonwood Agreement

 

Click Here For a View of the Exchange in 1752

On May 17, 1792 a group of twenty-four traders gathered under a buttonwood tree at 68 Wall Street in lower Manhattan, NYC to negotiate the conditions and regulations of the speculative market. The result was the Buttonwood Agreement, a simple, two sentence contract.

The New Yorkers dedicated the Tontine Coffee House in Wall Street as their exchange in 1793. In 1817, they formed the New York Stock & Exchange Board with its own constitution and bylaws; its name was changed to the New York Stock Exchange in 1863.

Research Links

Finance-Glossary.com : Buttonwood Agreement
Buttonwood Agreement. Buttonwood Agreement [US]: A
1792 trade agreement banding the original ...

NYSE
... 1792 Buttonwood Agreement Twenty-four prominent brokers and merchants gather on Wall
Street to sign the Buttonwood Agreement, agreeing to trade securities on a ...

Stocks2win Investor Relations: Stock Dictionary
... translate_seitedrucken[$sprache]}, to the index, back: Broker,
next: Blue Sky Laws. Search, Buttonwood Agreement. A 1792 ...

Buttonwood Tree Agreement
Buttonwood Tree Agreement. Copyright ╘ 1996-1999 Г.В. Чернов и коллектив
авторов. All rights reserved. Copyright ╘ 1996-1999 ...

HISTORY - - OF STOCK MARKET
... THE BUTTONWOOD AGREEMENT". A mutual beneficial agreement was created by these
brokers/auctioneers, called "THE BUTTONWOOD AGREEMENT" , which follows: ...

Untitled
... of powerful government bond merchants, twenty-four brokers signed the Buttonwood
Tree Agreement. The agreement created a closed club in which members agreed to ...

FinanceProfessor.comFinanceProfessor.com Financial Trivia
... end of set commissions on May 1, 1975. These commissions came into existence in 1792
with the Buttonwood agreement. Mutual Fund expenses rose 27% from 1980 to ...

Buttonwood iNet open account
... iNet logo. iNet logo. Buttonwood iNet service agreement This Service Agreement for
internet server hosting, data storage, and data transfer (hereinafter referred ...

Stock Market Overview
... Street Brokers decided that they would meet "under the buttonwood tree" on Wall Street,
to trade their stocks. This became known as the "Buttonwood Agreement". ...

Collectibles - Limited Editions, Commemoratives, Treasury Notes ...
... $92.50, THE FOUNDING OF THE NYSE "The Buttonwood Agreement - 1792" Twenty-four brokers
who met under an old buttonwood tree became the forerunners of the NYSE ...

DealTracker: Countdown to Decimalization
... after Columbus sailed the ocean blue, two-dozen stockbrokers slapped together the
Buttonwood Agreement under a tree of the same name, marking the creation of ...

Untitled
... during 1790-1792. Philadelphia brokers organized a "board" in 1790, followed by
New Yorkers in 1792 in their celebrated Buttonwood Agreement. The New Yorkers ...

Trivia, Useless, and Worthwile Facts Page 1
... First NYSE members: The 24 brokers who signed the
"Buttonwood Agreement" on May 17, 1792. Leonard ...

Newsletters Articles Subscribe Business Ads Offers Links ...
... the conditions and regulations of the speculative market. The result was the Buttonwood
Agreement, a modest, two sentence contract that gave birth to the New ...

stockmarket
The Stock Market On my picture there is first a section of the Buttonwood Agreement,
next there are newspaper clippings of the Wall Street Journal, Dow Jones ...

 


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