|
New York Stock Exchange
The origin of the New York Stock Exchange can be traced to 1792, when the Buttonwood Agreement was signed by twenty-four stock brokers. In 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.
The first location of the New York Stock Exchange was a room rented for $200 a month in 1817. But the volume of stocks traded had increased sixfold in the years between 1896 and 1901 and a larger space was required to conduct business in the expanding marketplace. 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 in 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 33 x 42.5 meters wide and 22 meters high.
The New York Stock Exchange was closed from September 11 until September 17, 2001 as a result of the terrorist attacks on the World Trade Center.
If you want to visit the New York Stock Exchange, this is possible, entrance is free, but there is only a limited amound of visitors allowed evry day. If you want to get your ticket, you need to be early at the ticketdesk on 20, Broad Street.
|