Print
This List
Email to
a Friend
New York Stock Exchange Timeline of Major Events
IN THE PAST
Tags: stock, market, Dow Jones, Great Depression, timeline, chronology, Black Monday, bailouts, bank, failure, crash, recession
The New York Stock Exchange (NYSE), nicknamed the "Big Board", is a stock exchange based in New York City. It is the largest stock exchange in the world by dollar volume and has 2,764 listed securities. It ranks fourth in the world in terms of company listings with 3,200 companies, behind the Bombay Stock Exchange (BSE) of India, London Stock Exchange and NASDAQ. As of December 31, 2006, the combined capitalization of all New York Stock Exchange listed companies was $25.0 trillion. Here is a chronology of major events in the history of the NYSE:
| | 1792 - The NYSE acquires its first traded securities |
| | 1817 - The constitution of the New York Stock and Exchange Board is adopted |
| | 1867 - The First Stock Ticker |
| | 1896 - Dow Jones Industrial Average (DJIA) first published in The Wall Street Journal |
| | 1903 - NYSE moves into new quarters at 18 Broad Street |
| | 1907 - Panic of 1907 |
| | 1914 - World War I causes the longest exchange shutdown: four months, two weeks |
| | 1915 - Market price is given in dollars |
| | 1929 - Central quote system established; Black Thursday (October 24) and Black Tuesday (October 29) signal coming of Great Depression |
| | 1943 - Trading floor is opened to women |
| | 1949 - Longest (eight-year) bull market begins |
| | 1954 - DJIA surpasses its 1929 peak |
| | 1966 - NYSE creates the Common Stock Index; floor data fully automated |
| | 1970 - Securities Investor Protection Corporation established |
| | 1971 - NYSE recognized as Not-for-Profit organization |
| | 1972 - DJIA closes above 1,000 |
| | 1977 - Foreign brokers are admitted to NYSE |
| | 1979 - New York Futures Exchange established |
| | 1987 - Black Monday, October 19, sees the largest one-day DJIA percentage drop |
| | 1991 - DJIA exceeds 3,000 |
| | 1996 - Real-time ticker introduced |
| | 1999 - DJIA exceeds 10,000 |
| | 2000 - First NYSE global index launched under the ticker NYIID |
| | 2001 - Trading in fractions (n/16) ends, replaced by decimals (increments of $.01) |
| | September 11, 2001 attacks occur, closing NYSE for 4 sessions |
| | 2003 - NYSE Composite Index relaunched and value set equal to 5,000 points |
| | 2006 - NYSE and ArcaEx merge, creating NYSE Arca and forming the publicly owned, for-profit NYSE Group, Inc.; in turn, NYSE Group merges with Euronext, creating the first trans-Atlantic stock exchange group; DJIA tops 12,000 on October 19 |
| | 2007 - US President George W. Bush shows up unannounced to the Floor about an hour and a half before a Federal Open Market Committee interest-rate decision on January 31. |
| | 2007 - NYSE announces its merger with the American Stock Exchange; NYSE Composite closes above 10,000 on June 1; DJIA closes above 14,000 on July 19. |
| | 2008- Monday, September 15, 2008; Largest point drop since reopening after September 11th, 2001 attacks. DJIA closes over 500 points lower amid fear of bank failures. This is followed with a 449 point drop on Wednesday, September 17 after the Federal Reserve gives AIG an $85 billion loan to prevent its bankruptcy and news reports of housing starts falling to a 17-year low. This leads to the Securities and Exchange Commission to issue new rules to curb short-selling. |
Lister:
ListAfterList Wiki Contributors
Other lists of interest:
This list not rated yet – be the first to rate it