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The Complete History And Evolution Of The Modern Stock Market [CHART]

Jun 12, 2014, 01:03 IST

In 1792, 24 stockbrokers and merchants signed the Buttonwood agreement on Wall Street, agreeing to trade on a commission basis. But the very first scrip (acknowledgment of debt) exchanged hands on Wall Street in 1674, according to Phil Mackintosh, the head of trading Credit Suisse.

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The stock market has come a long way from the early days. "Many of the seemingly 'modern' issues in today's markets - including latency, fragmentation and regulation - have in fact been affecting the evolution of the market for many decades," writes Mackintosh.

This chart from Credit Suisse offers a timeline of the key market, regulatory, and technological events in the U.S. stock market. (h/t JC Parets at All Start Charts)

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