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New York Stock Exchange established

May 17

|Recurring Event (See all)

An event every year that begins at 12:00 am on day 17 of May, repeating indefinitely

On May 17, 1792, the New York Stock Exchange was established as businessmen met under a buttonwood tree on Wall Street and signed a trading agreement to give preference to each other while buying and selling. 💸💸💸

Trading often took place outside (weather-permitting) as well as in nearby taverns and coffeehouses. 🌳☕️🌳

Did you know? The buttonwood tree became a beloved legend of Wall Street and stood as such until its demise in 1865.

Wall Street, The Magazine of American History with Notes and Queries, 1877

Details

Date:
May 17
Event Category: