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NYSE Birthday
{ 2:00 PM, 17/5/2008 }
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It is good to know that shares trading has been with us for a very long time. Today on May 17 is The New York Stock Exchange birthday. NYSE also called Big Board was started on May 17, 1792. On that day Buttonwood Agreement was signed by 24 stock brokers outside of 68 Wall Street in New York under a buttonwood tree. 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 in 1835 and it moved to a temporary headquarters. In 1863 it changed its name to the New York Stock Exchange (NYSE). Later on The Dow Joes Industrial Average (DJIA) was created by Dow Jones & Company, a financial news publisher in 1896.
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