The New-York Open Board of Stock Brokers was a
stock exchange
A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for th ...
in
New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...
. 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
56 Beaver Street (also known as the Delmonico's Building and 2 South William Street) is a structure in the Financial District of Manhattan in New York City, United States. Designed by James Brown Lord, the building was completed in 1891 as a l ...
on
New Street. B. M. Nevers was elected president. E. T. Bragaw, former vice president of the
New-York Gold Exchange
The New York Gold Exchange was an exchange formed shortly after the beginning of the American Civil War for the purpose of creating an open market for transactions involving gold and the government-created paper currency, the greenback. Establish ...
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
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List of former stock exchanges in the Americas
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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 in the United States
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