Historic Closing of the New York Stock Exchange Tonight

[Historymaven]

Any way you look at it it's been a great run since the NYSE was created on May 17, 1792, the day the Buttonwood Agreement was signed in response to Sec. of the Treasury Alexander Hamilton's stimulus plan ($500,000 pledged from BONY and $500,000 pledged by the US Secretary of the Treasury Alexander Hamilton to guarantee the Buttonwood Signers against losses . )

Then the stock market was all but halted in a panic since April after its biggest factor, William Duer, had failed. No one dared to trade as counterpart risk was unknowable but undoubtedly huge as Duer had active trading accounts with every broker or dealer who would give him credit.

Hamilton's stimulus plan wasn't big enough to halt the panic until it was incorporated with the Buttonwood Agreement where still solvent brokers and dealers after the panic agreed to trade among themselves and not to withdraw any funds from their member group and relatively safe trading allowed the market to start up again.

Historymaven

 

[sparky]

NYSE: Holidays and Trading Hours

~S~

 

[Jackson]

You didn't provide a link. Is the NYSE closing for a period of time?

 

[LeeOnLido]

but i wanna buy 56,000 shares of Charmin Toilet paper

 

[Thinker101]

Any way you look at it it's been a great run since the NYSE was created on May 17, 1792, the day the Buttonwood Agreement was signed in response to Sec. of the Treasury Alexander Hamilton's stimulus plan ($500,000 pledged from BONY and $500,000 pledged by the US Secretary of the Treasury Alexander Hamilton to guarantee the Buttonwood Signers against losses . )

Then the stock market was all but halted in a panic since April after its biggest factor, William Duer, had failed. No one dared to trade as counterpart risk was unknowable but undoubtedly huge as Duer had active trading accounts with every broker or dealer who would give him credit.

Hamilton's stimulus plan wasn't big enough to halt the panic until it was incorporated with the Buttonwood Agreement where still solvent brokers and dealers after the panic agreed to trade among themselves and not to withdraw any funds from their member group and relatively safe trading allowed the market to start up again.

Historymaven

Dumbass hack.

NYSE to temporarily close trading floor, move to electronic trading because of coronavirus

 

[Blaine Sweeter]

 

[Blaine Sweeter]

 

[Jackson]

I believe I saw a plate that more accurately caught the sentiments of the voter:


"NOJOE"

 

[Blaine Sweeter]

 

[debbiedowner]

You didn't provide a link. Is the NYSE closing for a period of time?

Only the floor you still have online trading and that might have said had the op provided a link.

 

[Blaine Sweeter]

I believe I saw a plate that more accurately caught the sentiments of the voter:


"NOJOE"

I saw an even better one:

 

[Blaine Sweeter]

Less than 3 weeks ago Trump called the virus a hoax perpetrated by the Dems.
And you stupid fuckers are still believing in him????

Trump: Coronavirus is Democrats' 'new hoax'

•Feb 29, 2020

 

[Jackson]

Thank God Trump led the market 10,000 points before China unleashed their virus! Things could have been much worse. Now it's where it was with Obama.

 

[Snouter]

TDS folks need to self quarantine themselves from the internet for a few hours! That is what the "experts" say!

 

[Jackson]

Just 3 weeks ago Trump called the virus a hoax perpetrated by the Dems.
And you stupid fuckers are still believing in him????

HE DID NOT call the virus a hoax. He called the MSM politicalizing the virus a hoax.

 

[HenryBHough]

And liberals would like you to believe they'd never dream of weaponizing a genuine crisis!

These liberals!

 

[Cellblock2429]

but i wanna buy 56,000 shares of Charmin Toilet paper

/——-/ That would be my old employer, Procter & Gamble at $117 a share x 56,000 = $6,216,000 but don’t expect a run up since that is a small part of their business. (Yes, I know you were making a joke.)