Origins of Stock Trading

Early American colonies embraced joint stock companies, leading to the establishment of the Buttonwood Agreement in 1792, which laid the groundwork for the New York Stock Exchange. As industries grew in the 19th century, the demand for capital surged, transforming stock trading into a chaotic yet vibrant marketplace. The bustling exchanges reached a critical point with the catastrophic events of Black Thursday in 1929, marking a significant downturn in global markets.