NYSE

Date Submitted: 01/06/2003 21:32:06
Category: / Law & Government / Government & Politics
Length: 3 pages (761 words)
The NYSE was first housed at a rented room at 40 Wall Street in 1817. A 5-story building at 10 Broad Street opened in 1865.It was enlarged and remodeled during the 1870s and 1880s, then was demolished in 1901 to make way for the current building.The new Exchange building at 18 Broad Street opened in 1903.Styled in the classical-revival manner popular at the time, it was designed by George B. Post, a well-known architect and engineer.The sculptor John …
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…bell was toned down. It now gleams on a platform above the trading floor, ready for use should it ever be called into action.The bell is a part of the NYSE's heritage, and it is considered an honor to be invited to ring the opening or closing bell. The constant development of this high-quality and cost-effective self-regulated marketplace has secured the confidence of almost 60 million individual investors in the US. Bibliography www.nyse.com
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