Peter Tuchman: Buttonwood Agreement laid groundwork for NYSE in 1792

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18.05.2026

Peter Tuchman: Buttonwood Agreement laid groundwork for NYSE in 1792 — Buttonwood Agreement origins of NYSE

Peter Tuchman recounts that on May 17th, 1792, 24 New York City stockbrokers and merchants signed the Buttonwood Agreement.

This agreement served as the foundation for what would later become the New York Stock Exchange.

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Tuchman has recently highlighted major moves across U.S. equity markets. He reported that the Nasdaq gained 15.7 percent in the past month, hitting a new record high. In another update, he noted the S&P 500 increased 16.5% since March 30, adding over $9.5 trillion in market value. These observations follow his recollection of the Buttonwood Agreement as the New York Stock Exchange's origin.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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