Which stock exchange was the scene of the 1929 Wall Street Crash?

The New York Stock Exchange was the stock exchange at the center of the 1929 Wall Street Crash.

The exchange, located on Wall Street in New York City, saw extraordinary selling during the October 1929 collapse. Black Thursday on October 24 brought heavy trading and a sharp decline, while Black Monday and Black Tuesday on October 28 and 29 produced even greater losses. The exchange handled record volumes for its era as investors rushed to sell.

The crash followed a long period of rising share prices and speculation. Many buyers had purchased shares on margin, meaning they borrowed money against their investments. When prices fell, brokers demanded additional funds, forcing more sales and increasing downward pressure.

The New York Stock Exchange was founded in 1792 through the Buttonwood Agreement and remains one of the world’s largest exchanges. The crash did not instantly create every condition of the Great Depression, but it severely damaged wealth and confidence and contributed to the economic contraction that followed.