What was the main stock exchange in Vienna during the 1873 crash known as the Panic of 1873?

The Vienna Stock Exchange was the main exchange at the center of the 1873 crash known as the Panic of 1873.

The panic began in Vienna on May 9, 1873, a day later remembered as Black Friday. Speculative investment had surged in the years after the Austro-Hungarian Compromise of 1867, especially in railways, construction, and property. When confidence weakened, prices fell and many companies failed.

The shock spread internationally through financial links and helped produce a prolonged economic downturn. The United States experienced a major crisis later in 1873 after the failure of the banking firm Jay Cooke & Company, followed by the collapse of railroad finance and a long depression.

“Black Friday” can cause confusion because the term is also used for other financial disasters, including the British gold-market crisis of 1869. In the context of the Panic of 1873, it specifically refers to the Vienna market crash on May 9.