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date: 24 May 2018

New York Stock Exchange

A Dictionary of Accounting

Jonathan Law

New York Stock Exchange (NYSE) 

The main US stock exchange. It was founded in 1792 under the Buttonwood Agreement (the name of the tree under which 24 merchants agreed to give each other preference in their dealings); it moved to Wall Street in 1793. The New York Stock & Exchange Board was formally established in 1817; it was renamed the New York Stock Exchange in 1983. In 2006 the NYSE combined with the pan-European exchange Euronext NV to create NYSE Euronext, the world’s first global exchange. This was itself acquired by International Exchange in 2013. The main indexes are the Dow Jones Industrial Average and the NYSE Composite Index. Information for traders, companies, and private investors from the NYSE Euronext website