Knowledge (XXG)

New Board

Source 📝

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At first, the new organization was very successful, growing, while Wall Street was in a general decline. To compete, the NYSE quickly began offering a second daily opportunity to buy or sell securities. After its immediate success and strong rivalry, it declined, with most members going bankrupt
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writes that it formed "in response to an economic boom and the formation of the first railroad corporations." According to historian Robert Sobel, the New Board was the first of a number of alternative set-ups that occurred in New York trading during periods of high volume, succeeding at first,
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within three years of its founding. Nevertheless, it remained larger than the older board until 1845. The New Board's brokers were "crushed" by the
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setting up rival organizations and then succumbing during ensuing less bullish times.
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and the recession that followed. The exchange then faded before folding in 1848.
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This article about a financial services corporation of the United States is a
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The Big Board: A History of the New York Stock Market
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during the down-turn in the market in general. The "
56: 48: 34: 21: 272:"The NYSE's Long History of Mergers and Rivalries" 194:"The NYSE's Long History of Mergers and Rivalries" 187: 185: 183: 181: 179: 177: 381:United States financial services company stubs 162:List of former stock exchanges in the Americas 330: 8: 16: 376:Former stock exchanges in the United States 356:Defunct companies based in New York (state) 337: 323: 223:, Doubleday: Garden City, New York, p. 22. 15: 371:American companies disestablished in 1848 361:1836 establishments in New York (state) 173: 366:American companies established in 1836 192:E. Wright, Robert (January 8, 2013). 7: 290: 288: 235: 233: 231: 229: 309:. You can help Knowledge (XXG) by 70:was an organization of curb-stone 14: 80:New York Stock and Exchange Board 297: 292: 246:. Beard Books. pp. 49, 51. 141: 1: 149:Business and economics portal 95:The first local rival of the 240:Sobel, Robert (2000-05-01). 397: 287: 221:The Anatomy of the Floor 157:Regional stock exchange 97:New York Stock Exchange 74:established in 1836 in 219:Sloane, Leonard 1980 82:. It folded in 1848. 78:to compete with the 18: 280:. January 8, 2013. 318: 317: 101:curb-side trading 64: 63: 388: 339: 332: 325: 301: 296: 289: 281: 258: 257: 237: 224: 217: 211: 210: 208: 206: 189: 151: 146: 145: 122:Boom and decline 19: 396: 395: 391: 390: 389: 387: 386: 385: 346: 345: 344: 343: 285: 270: 267: 262: 261: 254: 239: 238: 227: 218: 214: 204: 202: 191: 190: 175: 170: 147: 140: 137: 124: 93: 88: 12: 11: 5: 394: 392: 384: 383: 378: 373: 368: 363: 358: 348: 347: 342: 341: 334: 327: 319: 316: 315: 302: 283: 282: 266: 265:External links 263: 260: 259: 252: 225: 212: 172: 171: 169: 166: 165: 164: 159: 153: 152: 136: 133: 123: 120: 92: 89: 87: 84: 62: 61: 58: 54: 53: 50: 46: 45: 36: 32: 31: 29:stock exchange 23: 13: 10: 9: 6: 4: 3: 2: 393: 382: 379: 377: 374: 372: 369: 367: 364: 362: 359: 357: 354: 353: 351: 340: 335: 333: 328: 326: 321: 320: 314: 312: 308: 303: 300: 295: 291: 286: 279: 278: 273: 269: 268: 264: 255: 253:9781893122666 249: 245: 244: 236: 234: 232: 230: 226: 222: 216: 213: 201: 200: 195: 188: 186: 184: 182: 180: 178: 174: 167: 163: 160: 158: 155: 154: 150: 144: 139: 134: 132: 130: 129:Panic of 1837 121: 119: 116: 112: 110: 106: 102: 98: 90: 85: 83: 81: 77: 76:New York City 73: 69: 59: 55: 51: 47: 44: 43:United States 40: 39:New York City 37: 33: 30: 27: 24: 20: 311:expanding it 304: 284: 275: 242: 220: 215: 203:. Retrieved 197: 125: 114: 113: 94: 67: 65: 109:Wall Street 350:Categories 168:References 26:Curb-stone 277:Bloomberg 205:April 10, 199:Bloomberg 115:Bloomberg 91:Formation 68:New Board 17:New Board 135:See also 35:Location 111:board. 86:History 72:brokers 49:Founded 250:  57:Closed 307:stub 248:ISBN 207:2017 105:curb 66:The 60:1848 52:1836 22:Type 352:: 274:. 228:^ 196:. 176:^ 41:, 338:e 331:t 324:v 313:. 256:. 209:.

Index

Curb-stone
stock exchange
New York City
United States
brokers
New York City
New York Stock and Exchange Board
New York Stock Exchange
curb-side trading
curb
Wall Street
Panic of 1837
icon
Business and economics portal
Regional stock exchange
List of former stock exchanges in the Americas






"The NYSE's Long History of Mergers and Rivalries"
Bloomberg




The Big Board: A History of the New York Stock Market
ISBN

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