History of the New York Stock Exchange

The New York Stock Exchange traces its origins to 1792, when 24 New York City stockbrokers and merchants signed the Buttonwood Agreement. This agreement set in motion the NYSE’s unwavering commitment to investors and issuers. Now NYSE Euronext welcomes the historic American Stock Exchange into the world’s largest and most liquid exchange group. Originally called the "curb market" because its brokers traded outdoors in the street, the Amex has been at the forefront of the U.S. financial markets over the course of two centuries. From Wikipedia: The origin of the NYSE can be traced to May 17, 1792, when the Buttonwood Agreement was signed by 24 stock brokers outside of 68 Wall Street in New York under a buttonwood tree on Wall Street which earlier was the site of a stockade fence. On March 8, 1817, the organization drafted a constitution and renamed itself the "New York Stock & Exchange Board". (This name was shortened to its current form in 1863.) Anthony Stockholm was elected the Exchange's first president. (For other presidents, see List of presidents of the New York Stock Exchange.) The first central location of the NYSE was a room rented for $200 a month in 1817 located at 40 Wall Street. The NYSE was destroyed in the Great Fire of New York (1835). It moved to a temporary headquarters. In 1863 it changed its name to the New York Stock Exchange (NYSE). In 1865 it moved to 10-12 Broad Street. The Dow Jones Industrial Average (DJIA) was created by Dow Jones & Company, a financial news publisher, in 1896. The volume of stocks traded increased sixfold in the years between 1896 and 1901 and a larger space was required to conduct business in the expanding marketplace.[8] Eight New York City architects were invited to participate in a design competition for a new building and the Exchange selected the neoclassic design from architect George B. Post. Demolition of the existing building at 10 Broad Street and the adjacent lots started on 10 May 1901. The New York Stock Exchange building opened at 18 Broad Street on April 22, 1903 at a cost of $4 million. The trading floor was one of the largest volumes of space in the city at the time at 109 x 140 feet (33 x 42.5 m) with a skylight set into a 72-foot (22 m) high ceiling. The main façade of the building features marble sculpture by John Quincy Adams Ward in the pediment, above six tall Corinthian capitals, called “Integrity Protecting the Works of Man”. The building was listed as a National Historic Landmark and added to the National Register of Historic Places on June 2, 1978.[9] In 1922, a building designed by Trowbridge & Livingston was added at 11 Broad Street for offices, and a new trading floor called "the garage". Additional trading floor space was added in 1969 and 1988 (the "blue room") with the latest technology for information display and communication. Another trading floor was opened at 30 Broad Street in 2000. With the arrival of the Hybrid Market, a greater proportion of trading was executed electronically and the NYSE decided to close the 30 Broad Street trading room in early 2006. In late 2007 the exchange closed the rooms created by the 1969 and 1988 expansions due to the declining number of traders and employees on the floor, a result of increased electronic trading. The 11 Wall Street building was designated a National Historic Landmark in 1978

Is NYSE open on Columbus Day?

Yes Stock Market is open on Columbus day. Here is the NYSE Holiday Schedule 2008   New Year's Day January 1 Martin Luther King, Jr. Day January 21 Washington's Birthday/Presidents' Day* February 18* Good Friday March 21 Memorial Day May 26 Independence Day† July 4† Labor Day September 1 Thanksgiving Day† November 27† Christmas† December 25† 2009 New Year's Day January 1 Martin Luther King, Jr. Day January 19 Washington's Birthday/Presidents' Day* February 16* Good Friday April 10 Memorial Day May 25 Independence Day July 3 (observed) Labor Day September 7 Thanksgiving Day** November 26** Christmas** December 25**

Where is the nyse located

The New York Stock Exchange (NYSE) is a stock exchange based in New York City. It is located at 11 Wall Street in New York City

Which is bigger, the Nasdaq or the NYSE?

The Nasdaq lists more companies and has a larger volume of trades. The companies on the NYSE are in aggregate worth more than the companies on the Nasdaq The NYSE is a physical place where traders trade stocks. The NYSE uses Specialists to to maintain orderly trading in each stock. The NASDAQ is not a physical place, but an electronic system for trading stocks listed on that system. The NASDAQ uses market makers to make a market in NASDAQ stocks. Market makers trade for their own accounts

Where can I find yesterday's NYSE closing prices?

You can find it here on Yahoo Finance. Not only Yesterdays Prices but Prices of any previous historical date. Just enter your Ticker Symbol and Set the Date and click on Get Prices

What is the difference between NYSE and NASDAQ securities?

There are some trivial listing requirements differences, but they all have to have their SEC paperwork up to date. Most companies on either could qualify for the other, so it's really a choice for companies. Older companies tend to be listed on the NYSE because NASDAQ didn't exist when they were looking for an exchange listing and the NYSE makes it hard for companies to leave. The NYSE has a broader base of more sectors than the NASDAQ which is heavily weighted to Tech Stocks. The traditional difference between them was order systems that are now converging on all electronic order s. The NASDAQ was more forward thinking in recent years when it came to leveling the field for the individual investor, but the NYSE has outgrown it's legacy tradition of being exclusionary. There are still differences in licensing requirements, fees and some rules, but the difference between them is becoming less and less every year.

Where Is Wall Street Located?

Wall Street is located in Lower Manhattan from Broadway to South Street, New York City, USA.

Who Rang the Bell at the New York Stock Exchange on March 23, 2011?

Mr. Anthony Pesco, Global Head of Equity Derivatives rang The Opening Bell at the New York Stock Exchange on March 23, 2011

NYSE Holidays for 2011

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Here is a list of NYSE Holidays for 2011

New Year's Day -->1st Jan is Saturday

Martin Luther King, Jr. Day -->January 17, 2011

Washington's Birthday/Presidents' Day --> February 21, 2011

Good Friday -->April 22, 2011

Memorial Day -->May 30, 2011

Independence Day --> July 4, 2011

Labor Day --> September 5, 2011

Thanksgiving Day --> November 24, 2011

Christmas --> December 26, 2011

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