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This Day in Financial History
1792 - The ancestor of the New York Stock Exchange is born as 24 brokers gather under a tree and sign the Buttonwood Agreement: "We the Subscribers, Brokers for the Purchase and Sale of Public Stock, do hereby solemnly promise and pledge ourselves to each other, that we will not buy or sell from this day for any person whatsoever, any kind of Public Stock at a less rate than one quarter per cent Commission."
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