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General Functions, History, and Evolution of the New York Stock Exchange

Ted Veerman

on 5 March 2013

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Transcript of NYSE

The Evolution of the NYSE The History of the NYSE The NYSE started in 1792 when the Buttonwood Agreement was reached to trade securities on commission. It became a very popular trading site, growing to what it is now. What is the New York Stock Exchange? The New York Stock Exchange, or NYSE, is one of the largest stock exchanges in the world. The main function of any stock exchange is to provide services for stock brokers to exchange stocks and bonds, along with other services. This helps raise money for public companies by allowing people to invest in them. What are the General Functions of the NYSE? The NYSE started in 1792, quickly
becoming a main hub of
trade, mainly being dominated by
government and railroad stocks
and bonds. It grew exponentially
since then, and with the invention of the internet people can now buy and sell stocks online. Over 50 million people now use the NYSE to trade stocks and bonds. The NYSE
By Ted Veerman
Full transcript