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New York in New York County, New York — The American Northeast (Mid-Atlantic)
 

American Stock Exchange

Exploring Lower Manhattan

 

— 86 Trinity Place, Starret & Van Vleck, architects, 1921, 1930 —

 
American Stock Exchange Marker image. Click for full size.
By Larry Gertner, December 23, 2018
1. American Stock Exchange Marker
Inscription.  American Stock Exchange Building
Exploring Lower Manhattan
86 Trinity Place, Starret & Van Vleck, architects, 1921, 1930

The American Stock Exchange traced its roots to the late 1790s. Throughout the 1800s, ambitious businessmen gathered on the curb at Wall and Broad streets to trade securities issued by the U.S. Government, as well as by the railroad, shipping and mining companies that financed the westward expansion of the young and growing country.

The New York Curb, as it was initially known, specialized in securities of these growth-oriented, entrepreneural companies – much as the American Stock Exchange does today. Hardy brokers stood out on The Curb in all kinds of weather, while their clerks balanced precariously in the windows of the office buildings above them. Since they could scarcely be heard over the surrounding din, brokers and their clerks developed a system of hand signals to communicate orders back and forth, and brokers wore brightly colored jackets and unusual hats so their clerks could easily locate them in the busy trading crowds.

In 1921, the members of the New York Curb marched
American Stock Exchange building image. Click for full size.
By Larry Gertner, December 23, 2018
2. American Stock Exchange building
indoors to their facility at 86 Trinity Place to the strains of “The Star-Spangled Banner” – and a new era of securities trading, technological development and service to public investors began. In 1953, the Curb Market became the American Stock Exchange.

The exchange was acquired by NYSE Euronext in 2008, and the trading floor at 86 Trinity Place was closed.
 
Location. 40° 42.508′ N, 74° 0.755′ W. Marker is in New York, New York, in New York County. Marker is on Trinity Place, on the left when traveling north. Touch for map. Marker is at or near this postal address: 86 Trinity Place, New York NY 10006, United States of America. Touch for directions.
 
Other nearby markers. At least 8 other markers are within walking distance of this marker. A different marker also named American Stock Exchange (a few steps from this marker); Angelica Schuyler Church (within shouting distance of this marker); The Reverend Dr. Robert Ray Parks (within shouting distance of this marker); The Cherub Gate (within shouting distance of this marker); Albert Gallatin (within shouting distance of this marker); Edward Laight (within shouting distance of this marker); Trinity Church’s Tercentenary (within shouting distance of this marker); The Reverend Dr. John Heuss (within shouting distance of this marker). Touch for a list and map of all markers in New York.
 
Related markers. Click here for a list of markers that are related
Inset image. Click for full size.
By Larry Gertner, December 23, 2018
3. Inset
The New York Curb Market (Broad Street)
to this marker. Before it was the American Stock Exchange, it was the New York Curb.
 
Categories. Industry & Commerce
 
Inset image. Click for full size.
By Larry Gertner, December 23, 2018
4. Inset
The American Stock Exchange was widely recognized as one of the most innovative and diversified exchanges in the United States. Powered by state-of-the-art technology, the Amex provided a marketplace where billions of dollars’ worth of stocks, options and exchange-backed funds (EBFs) traded every day. Securities prices were determined by bids to buy and offers to sell in the free and open competition of a centralized marketplace. All trades were executed swiftly with reliability, accuracy and transparency. In 1975, the American Stock Exchange started trading options and in 1993 launched the first EFT in the U.S. market.
American Stock Exchange Marker, 2002 image. Click for full size.
By Larry Gertner, 2002
5. American Stock Exchange Marker, 2002
The original "Heritage Trails" marker
 

More. Search the internet for American Stock Exchange.
 
Credits. This page was last revised on December 26, 2018. This page originally submitted on December 23, 2018, by Larry Gertner of New York, New York. This page has been viewed 54 times since then and 16 times this year. Last updated on December 26, 2018, by Larry Gertner of New York, New York. Photos:   1, 2, 3, 4, 5. submitted on December 23, 2018, by Larry Gertner of New York, New York. • Andrew Ruppenstein was the editor who published this page.
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