On this day in 1792: the New York Stock Exchange was founded. The Buttonwood Agreement is the founding document of what is now the New York Stock Exchange and is one of the most important financial documents in U.S. history. The agreement organized securities trading in New York City and was signed on May 17, 1792, between 24 stockbrokers outside of 68 Wall Street. According to legend the signing took place under a buttonwood tree where their earliest transactions had occurred. The New York Stock Exchange celebrates the signing of this agreement on May 17, 1792, as its founding.
Source: Wikipedia
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