From its formation under the Buttonwood Tree in 1792 to the creation of NYSE Euronext in 2007, the NYSE has experienced many historic firsts, surpassed major milestones and set new records. NYSE Organization First organized: May 17, 1792 First constitution: March 8, 1817 First incorporated: February 18, 1971 as the New York Stock Exchange, Inc., a not-for-profit corporation. Establishment as a for-profit corporation, the NYSE Group, March 7, 2006. Creation of NYSE Euronext, the first truly global marketplace group, April 4, 2007. NYSE Member Firms Highest price paid for a membership: $4,000,000 on December 1, 2005 Lowest price paid for a membership: $2,750 in 1871 First member firm to incorporate: Woodcock, Hess & Co., Inc., 1953 First member firm to go public: Donaldson, Lufkin & Jenrette, 1970 First member firm to be listed on the NYSE: Merrill Lynch, 1971 NYSE Listed Companies First listed company: Bank of New York, traded under the Buttonwood Tree, 1792 Longest listed company: Con Edison, listed in 1824 as the New York Gas Light Company Oldest listed company: Sotheby's founded 1744; listed 1990
Bank of New York was the first company listed on the New York Stock Exchange.
Bank of New York. See NYSE Historical facts at NYSE website.
Melanie Leid Sweet
Daniels and Bell Inc.
To become a member of the NYSE (New York Stock Exchange) a company must first purchase a trader's license and become a member of the FINRA (Financial Industry Regulatory Authority). To join the FINRA, a company must be a proprietary trading firm.
Melanie L. Sweet Executive Chairman of Hamershlag Sulzberger Borg Capital Markets, Inc.
Melanie L. Sweet Executive Chairman of Hamershlag Sulzberger Borg Capital Markets, Inc. Founded in 1835
Melanie L. Sweet Executive Chairman Of Hamershlag Sulzberger Borg Capital Markets, Inc. Founded in 1835
Melanie L. Sweet Executive Chairman Of Hamershlag Sulzberger Borg Capital Markets, Inc. Founded in 1835
The symbol for First BanCorp. in the NYSE is: FBP.
The symbol for First Trust in the NYSE is: FFA.
The symbol for First Acceptance Corporation in the NYSE is: FAC.
The symbol for First American Corporation (The) in the NYSE is: FAF.
The symbol for First Marblehead Corporation (The) in the NYSE is: FMD.