Open Board Of Stock Brokers
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Open Board Of Stock Brokers
The Open Board of Stock Brokers was an early regional stock exchange in the United States. It was established in 1864, "to profit from the economic and investment boom sparked by the Civil War." The old Open Board of Stock Brokers was located at 16 and 18 Broad Street, now the site of the New York Stock Exchange Building. With 354 members, the Open Board of Stock Brokers rivaled its early competitor the NYSE in membership (which had 533) "because it used a more modern, continuous trading system superior to the NYSE’s twice-daily call sessions." The Open Board of Stock Brokers merged with the NYSE in 1869. Later in 1877, a new organization the New-York Open Board of Stock Brokers commissioned the building of the old Open Board of Stock Brokers. See also *List of former stock exchanges in the Americas *List of stock exchange mergers in the Americas * Economy of New York City The economy of New York City encompasses the largest municipal and regional economy in the Unite ...
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New-York Open Board Of Stock Brokers
The New-York Open Board of Stock Brokers was a stock exchange in New York City. Shortly after being formed, the New-York Open Board of Stock Brokers held their first annual election on February 21, 1877. 87 votes were cast at the Delmonico's Building on New Street. B. M. Nevers was elected president. E. T. Bragaw, former vice president of the New-York Gold Exchange was elected chairman. The building of the old Open Board of Stock Brokers was commissioned as the new permanent location of the exchange, with an initial membership of 272 and memberships pending. See also * List of former stock exchanges in the Americas * List of stock exchange mergers in the Americas * Economy of New York City The economy of New York City encompasses the largest municipal and regional economy in the United States. Anchored by Wall Street in Lower Manhattan, New York City has been characterized as the world's premier financial center. The city is home ... References Former stock exchanges ...
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