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.
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.
this entity surface form:
Buttonwood Pact
this entity surface form:
Buttonwood Tree Agreement
subject surface form:
New York Stock Exchange