Timeline Thursday 17 May 1792

Events on Thursday 17 May 1792 1

• 1792 Buttonwood Agreement Founds the New York Stock Exchange Brokers formalize securities trading in New York On 17 May 1792, twenty-four New York brokers signed the Buttonwood Agreement under a buttonwood tree on Wall Street, setting common rules and commissions for trading securities. The agreement is traditionally regarded as the founding document of the New York Stock Exchange. It laid groundwork for New York's rise as a financial center.