What is the U.S. stock exchange founded in 1792 under a buttonwood tree agreement?

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The U.S. stock exchange founded in 1792 under a buttonwood tree agreement is the New York Stock Exchange.

The Buttonwood Agreement was signed by 24 stockbrokers in New York on May 17, 1792. It established rules for trading securities among the signers and is widely regarded as the founding event of the exchange that later became the NYSE. The name refers to the buttonwood tree associated with the meeting place.

The NYSE has operated at several locations before settling at its famous building on Broad Street in Lower Manhattan. It became one of the world’s best-known venues for trading listed company shares and other securities. Today, trading is supported by electronic systems, although the exchange is also known for its physical trading floor.

The NYSE is not the same as Nasdaq, which began in 1971 as an electronic quotation system. Both are major U.S. markets, but their histories and market structures differ.

Source: Wikipedia · fact-checked Sept. 2026

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