Open Board Of 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

References

Further reading

*

Former stock exchanges in the United States
1864 establishments in New York (state)
1869 disestablishments in New York (state)

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