List of former stock exchanges in the Americas

Last updated

The Pittsburgh Stock Exchange building circa 1904. 4a12152u.tif
The Pittsburgh Stock Exchange building circa 1904.

This is a list of former stock exchanges in the Americas, including North America, South America, and the Caribbean Islands. Year of formation and the year the exchange was acquired, liquidated, or folded are also included. Some of these exchanges remain active as subsidiaries or divisions of other current exchanges (see current stock exchanges in the Americas ). See regional stock exchanges for a related list of American stock exchanges, both active and defunct.

Contents

When the SEC formed in 1934, a total of 24 securities exchanges registered with the SEC, while 19 received temporary exemptions from registration. Ten stock exchanges closed after the SEC was created, while others decided to stop trading in securities. [1] The National Stock Exchange ceased trading operations on May 30, 2014, bringing the number of active stock exchanges in the United States to 11. Wrote Bloomberg, that left "just one public exchange, Chicago Stock Exchange Inc., that isn't owned Bats, Nasdaq OMX Group or IntercontinentalExchange Group Inc." [2]

Former exchanges

Canada

Mexico

United States

Notable mergers and acquisitions

See also

Related Research Articles

<span class="mw-page-title-main">NYSE American</span> Stock exchange located in New York City

NYSE American, formerly known as the American Stock Exchange (AMEX), and more recently as NYSE MKT, is an American stock exchange situated in New York City. AMEX was previously a mutual organization, owned by its members. Until 1953, it was known as the New York Curb Exchange.

<span class="mw-page-title-main">New York Stock Exchange</span> American stock exchange

The New York Stock Exchange is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is the largest stock exchange in the world by market capitalization.

<span class="mw-page-title-main">William Rockefeller Jr.</span> American businessman and financier (1841-1922)

William Avery Rockefeller Jr. was an American businessman and financier. Rockefeller was a co-founder of Standard Oil along with his elder brother John Davison Rockefeller. He was also a part owner of Anaconda Copper, which was the fourth-largest company in the world by the late 1920s. Rockefeller started his business career as a clerk at 16. In 1867, he joined his brother's company, Rockefeller, Andrews & Flagler, which later became Standard Oil. The company was eventually split up by the Supreme Court in 1911. Rockefeller also had a significant involvement in the copper industry. In 1899, Rockefeller and Standard Oil principal Henry H. Rogers joined with Anaconda Company founder Marcus Daly to create the Amalgamated Copper Mining Company, which later returned to the name Anaconda Copper.

<span class="mw-page-title-main">Toronto Stock Exchange</span> Stock exchange in Canada

The Toronto Stock Exchange is a stock exchange located in Toronto, Ontario, Canada. It is the 10th largest exchange in the world and the third largest in North America based on market capitalization. Based in the EY Tower in Toronto's Financial District, the TSX is a wholly owned subsidiary of the TMX Group for the trading of senior equities.

<span class="mw-page-title-main">NYSE Chicago</span> American stock exchange

NYSE Chicago, formerly known as the Chicago Stock Exchange (CHX), is a stock exchange in Chicago, Illinois, US. The exchange is a national securities exchange and self-regulatory organization, which operates under the oversight of the U.S. Securities and Exchange Commission (SEC). Intercontinental Exchange (ICE) acquired CHX in July 2018 and the exchange rebranded as NYSE Chicago in February 2019.

<span class="mw-page-title-main">Philippine Stock Exchange</span> National stock exchange of the Philippines

The Philippine Stock Exchange, Inc. is the national stock exchange of the Philippines. The exchange was created in 1992 from the merger of the Manila Stock Exchange and the Makati Stock Exchange. Including previous forms, the exchange has been in operation since 1927. The PSE's headquarters is located at the Philippine Stock Exchange Tower, located along the One Bonifacio High Street complex in Bonifacio Global City.

<span class="mw-page-title-main">Broad Street (Manhattan)</span> Street in Manhattan, New York

Broad Street is a north–south street in the Financial District of Lower Manhattan in New York City. Originally the Broad Canal in New Amsterdam, it stretches from today's South Street to Wall Street.

A trading curb is a financial regulatory instrument that is in place to prevent stock market crashes from occurring, and is implemented by the relevant stock exchange organization. Since their inception, circuit breakers have been modified to prevent both speculative gains and dramatic losses within a small time frame. When triggered, circuit breakers either stop trading for a small amount of time or close trading early in order to allow accurate information to flow among market makers and for institutional traders to assess their positions and make rational decisions.

A regional stock exchange is a term used in the United States to describe stock exchanges that operate outside of the country's main financial center in New York City. A regional stock exchange operates in the trading of listed and over-the-counter (OTC) equities under the SEC's Unlisted Trading Privileges (UTP) rule.

<span class="mw-page-title-main">Curbstone broker</span>

The phrase curbstone broker or curb-stone broker refers to a broker who conducts trading on the literal curbs of a financial district. Such brokers were prevalent in the 1800s and early 1900s, and the most famous curb market existed on Broad Street in the financial district of Manhattan. Curbstone brokers often traded stocks that were speculative in nature, as well as stocks in small industrial companies such as iron, textiles and chemicals. Efforts to organize and standardize the market started early in the 20th century under notable curb-stone brokers such as Emanuel S. Mendels.

<span class="mw-page-title-main">American Stock Exchange Building</span> Building in Manhattan, New York

The American Stock Exchange Building, formerly known as the New York Curb Exchange Building and also known as 86 Trinity Place or 123 Greenwich Street, is the former headquarters of the American Stock Exchange. Designed in two sections by Starrett & van Vleck, it is located between Greenwich Street and Trinity Place in the Financial District of Lower Manhattan in New York City, with its main entrance at Trinity Place. The building represents a link to the historical practices of stock trading outside the strictures of the New York Stock Exchange (NYSE), which took place outdoors "on the curb" prior to the construction of the structure.

<span class="mw-page-title-main">Consolidated Stock Exchange of New York</span>

The Consolidated Stock Exchange of New York, also known as the New York Consolidated Stock Exchange or Consolidated, was a stock exchange in New York City, New York, in direct competition to the New York Stock Exchange (NYSE) from 1885 to 1926. It was formed from the merger of other smaller exchanges, and was referred to in the industry and press as the "Little Board." By its official formation in 1885, its membership of 2403 was considered the second largest membership of any exchange in the United States.

The National Petroleum Exchange was a resource exchange in New York City founded in 1882. In 1883 the National Petroleum Exchange and the New York Mining Stock Exchange were consolidated, becoming the New-York Mining Stock and National Petroleum Exchange. After several other exchange mergers with competitors, the exchange became the Consolidated Stock and Petroleum Exchange of New York, which in 1885 became the Consolidated Stock Exchange of New York.

<span class="mw-page-title-main">Baltimore Stock Exchange</span> Regional stock exchange based in Baltimore, Maryland, US

The Baltimore Stock Exchange was a regional stock exchange based in Baltimore, Maryland. Opened prior to 1881, The exchange's building was destroyed by the Great Baltimore Fire of 1904, and was then located at 210 East Redwood Street in Baltimore's old financial district. In 1918, the exchange had 87 members, with six or seven members at the time serving the United States in World War I. The Baltimore Stock Exchange was acquired by the Philadelphia Stock Exchange in 1949, becoming the Philadelphia-Baltimore Stock Exchange. The Baltimore Stock Exchange Building was sold and renamed the Totman Building.

<span class="mw-page-title-main">San Francisco Stock and Bond Exchange</span> American regional stock exchange

The San Francisco Stock and Bond Exchange was a regional stock exchange based in San Francisco, California, United States. Founded in 1882, in 1928 the exchange purchased and began using the name San Francisco Stock Exchange, while the old San Francisco Stock Exchange was renamed the San Francisco Mining Exchange. The San Francisco Curb Exchange was absorbed by the San Francisco Stock Exchange in 1938. In 1956 the San Francisco Stock Exchange merged with the Los Angeles Oil Exchange to create the Pacific Coast Stock Exchange.

Intermountain Stock Exchange ("ISE") is a defunct stock exchange that formerly operated in Salt Lake City, Utah. Named the Salt Lake Stock and Mining Exchange from its 1888 founding until 1972, the company was acquired by Commodity Exchange, Inc. (COMEX) in 1986, ceased operating and became dormant.

<span class="mw-page-title-main">San Francisco Curb Exchange</span> San Francisco Curb Exchange Organisation

The San Francisco Curb Exchange was a curb exchange opened in 1928, formed out of a re-organization of the San Francisco Stock and Bond Exchange and the San Francisco Mining Exchange. The San Francisco Curb Exchange replaced the Mining Exchange at the 350 Bush Street building. The Curb Exchange later left the building in 1938, when the Curb Exchange was absorbed by the San Francisco Stock Exchange.

<span class="mw-page-title-main">San Francisco Mining Exchange</span> Mining stock exchange in San Francisco

The San Francisco Mining Exchange was a regional stock exchange in San Francisco that operated from 1862 until its closure in 1967.

The Chicago Curb Exchange was an organized securities market and curb exchange located in Chicago, Illinois. It was alternately known as the Chicago Market.

References

  1. 1 2 3 4 5 6 7 8 9 10 Markham, Jerry W. (2002), A Financial History of the United States: From Christopher Columbus to the Robber Barons (1492-1900), M.E. Sharpe, p. 205, ISBN   9780765607300 , retrieved January 14, 2018
  2. Mamudi, Sam (2014-05-02). "National Stock Exchange Files With SEC to Halt Operations". Bloomberg.com . Bloomberg News . Retrieved 2014-06-15.
  3. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 Bjorn N. Jorgensen, Kenneth A. Kavajecz, and Scott N. Swisher IV (September 2011). "The Historical Evolution of Financial Exchanges - Full List of US Stock Exchanges" (PDF). The Historical Evolution of Financial Exchanges. p. 48.{{cite news}}: CS1 maint: multiple names: authors list (link)
  4. 1 2 E. Wright, Robert (January 8, 2013). "The NYSE's Long History of Mergers and Rivalries". Bloomberg . Retrieved April 10, 2017.
  5. George Winslow, "New York Gold Market" in The Encyclopedia of New York City (2d ed.: eds. Kenneth T. Jackson, Lisa Keller & Nancy Flood).
  6. Gigler, Rich (August 24, 1974). "The City Stock Exchange Closes as a Victim of the Times". The Pittsburgh Press . Retrieved March 25, 2017.
  7. 1 2 Nelson, Samuel Armstrong (1907). The Consolidated Stock Exchange of New York: Its History, Organization, Machinery and Methods. A.B. Benesch Company. p.  19.
  8. "Monopoly". The New York Times . New York City, United States. March 21, 1886. Retrieved March 13, 2017.
  9. Brown, W. O. Jr.; Mulherin, J. H.; Weidenmier, M. D. (2008). "Competing with the New York Stock Exchange". Quarterly Journal of Economics . 123 (4): 1679–1719. doi:10.1162/qjec.2008.123.4.1679.
  10. Nelson, Samuel Armstrong (1907). The Consolidated Stock Exchange of New York: Its History, Organization, Machinery and Methods.
  11. "The Rival Stock Exchanges". The New York Times . New York City, United States. June 14, 1877. p. 8. Retrieved March 21, 2017.
  12. "The New Stock Exchange". The New York Times . February 22, 1877. Retrieved April 10, 2017.
  13. Thomas Scharf, John (1883), History of Saint Louis City and County: From the Earliest Periods ..., Volume 2 , retrieved September 24, 2017
  14. A.G. Edwards Company History, Funding Universe, retrieved September 24, 2017
  15. "German Street Baltimore'S 201-year-old Alex. Brown..." The Baltimore Sun . Baltimore. October 15, 2001. Retrieved March 24, 2017.
  16. "City and Suburban News". The New York Times . New York City. December 19, 1882. p. 8. Retrieved March 11, 2017.
  17. Ralston Balch, William (1882), Mines, Miners and Mining Interests of the United States in 1882, p. 506
  18. Engerman, Stanley L.; Hoffman, Philip T.; Rosenthal, Jean-Laurent; Sokoloff, Kenneth L. (2003-07-14), Finance, Intermediaries, and Economic Development, p. 151, ISBN   9781139438476 , retrieved January 17, 2018
  19. "Cincinnati's Stock Exchange". The New York Times . 1885-03-10. Retrieved 2007-11-07.
  20. National Stock Exchange. "Going "National"". Archived from the original on 2007-06-26. Retrieved 2007-11-07.
  21. "California Oil Exchange". The New York Times . New York City, New York, United States. October 19, 1899. Retrieved June 1, 2017.
  22. A Preservation Plan for St. Louis Part I: Historic Contexts, Government of Missouri, retrieved September 29, 2017
  23. "St. Louis Bank Stocks Rise; Marked Increase in Value Owing to Return of Confidence". The New York Times . New York City, New York, United States. November 13, 1908. Retrieved September 22, 2017.
  24. "Five Midwest Exchanges Agree On Sept. 15 for Effective Merger; Chicago, Cleveland, St. Louis, Cincinnati and Twin Cities Stock Marts Will Open as One About 60 Days After That Date". The New York Times . New York City, New York, United States. August 17, 1949. Retrieved September 22, 2017.
  25. "To be opened monday". The Sunday Oregonian. Portland, Oregon. September 16, 1900. p. 20. Retrieved September 9, 2018.
  26. "Cleveland Stock Exchange Dissolved". The Evening Independent. Cleveland, Ohio. 11 October 1949. Retrieved 26 July 2013.
  27. "Stock exchange will be founded". Morning Oregonian. Portland, Oregon. March 22, 1906. p. 16. Retrieved September 9, 2018.
  28. "Exchange is no more". The Oregon Daily Journal. Portland, Oregon. July 20, 1907. p. 12. Retrieved September 9, 2018.
  29. "Seattle Has Stock Exchange; Trading to Begin Tomorrow" (PDF). The Seattle Times. Washington. March 13, 1927. Archived from the original (PDF) on June 11, 2016. Retrieved March 24, 2017.
  30. Angel, James J. (February 19, 1998). "Consolidation in the Global Equity Market: An Historical Perspective". CiteSeerX   10.1.1.200.5944 .{{cite journal}}: Cite journal requires |journal= (help)
  31. "Finale on Chicago Curb; No Ceremonies Held as Exchange Quits After Ten Years". The New York Times . The New York Times, New York City, United States. March 15, 1938. Retrieved April 29, 2018.
  32. "Stock Trading Active on St. Paul Exchange; First Day of Operations Called 'Satisfactory' as 1,288 Shares Change Hands in an Hour". The New York Times . New York City, New York. January 30, 1929. p. 37. Retrieved April 4, 2017.
  33. Markham, Jerry W. (2002). A Financial History of the United States: From Christopher Columbus to the Robber Barons (1492-1900). M.E. Sharpe. p. 284. ISBN   9780765607300.
  34. "BATS Global Markets and Direct Edge Complete Merger" (PDF). 3 February 2014.{{cite journal}}: Cite journal requires |journal= (help)