When was the stock market created?

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Question by covenantglobal: When was the stock market created?
Or when was the first stock traded on the NYSE?

Best answer:

Answer by pepper
The origin of the NYSE can be traced to May 17, 1792, when the Buttonwood Agreement was signed by twenty-four stock brokers outside of 68 Wall Street in New York under a buttonwood tree. 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.

http://en.wikipedia.org/wiki/New_York_Stock_Exchange

http://www.nyse.com/about/history/1089312755484.html

1790 – US Investment Markets Born – The federal government refinances all federal and state Revolutionary War debt, issuing $ 80 million in bonds. These become the first major issues of publicly traded securities, marking the birth of the U.S. investment markets.

1792 – Five Securities Traded – There are five securities traded in New York City. Three are government bonds and two are bank stocks.

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