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URL title: How the Buttonwood Agreement Created the NYSE — Ferretti Group, Inc.
URL description: 24 traders and financial brokers met on May 17th, 1792 in New York City on Wall Street. They stood under the shade of a buttonwood tree (more commonly known now as a sycamore tree) and agreed to trade with one another under a set rate. This agreement was put into writing, which the men all signed.
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