Buttonwood Agreement

E14672

The Buttonwood Agreement was the 1792 pact among New York brokers that laid the foundation for what became the New York Stock Exchange.

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Observed surface forms (2)

Surface form Occurrences
Buttonwood Pact 1
Buttonwood Tree Agreement 1

Statements (51)

Predicate Object
instanceOf financial agreement
founding document
historical event
alsoKnownAs Buttonwood Agreement
surface form: Buttonwood Pact

Buttonwood Agreement
surface form: Buttonwood Tree Agreement
country United States of America
surface form: United States
dateSigned 1792-05-17
followedBy New York Stock Exchange
surface form: New York Stock and Exchange Board
governs trading of public bonds
trading of public stocks
historicalSignificance considered origin of New York Stock Exchange
inceptionOf organized securities market in New York
laidFoundationFor New York Stock Exchange
language English
location New York City
Wall Street
mainSubject brokerage commissions
securities trading
purpose create a formal association of securities brokers
establish rules for commission rates
regulate securities trading among brokers
signatory Alexander Zuntz
Andrew Barclay
Augustus Wright
Benjamin G. Seixas
Benjamin Seixas
Benjamin Winthrop
Bernard Hart
Charles McEvers Jr.
David Reedy
Ephraim Hart
Gulian McEvers
Hugh Smith
Isaac Gomez
Isaac M. Gomez
John A. Hardenbrook
John Ferrers
John Henry
Leonard Bleecker
Peter Anspach
Rufus King
Samuel Beebe
Samuel March
surface form: Samuel Jones

Samuel March
William Seton
signatoryCount 24
signedOnStreet 68 Wall Street
signedUnder buttonwood tree
stipulated members trade securities only with each other
minimum commission rate of one-quarter percent
year 1792

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

Buttonwood Agreement alsoKnownAs Buttonwood Agreement
this entity surface form: Buttonwood Pact
Buttonwood Agreement alsoKnownAs Buttonwood Agreement
this entity surface form: Buttonwood Tree Agreement
New York Stock Exchange foundingEvent Buttonwood Agreement
John Henry hasPrecursor Buttonwood Agreement
subject surface form: New York Stock Exchange
John Henry signatoryTo Buttonwood Agreement