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The Buttonwood Agreement, as it came to be known, effectively launched the New York Stock Exchange. Signed by 24 stockbrokers on 17th May, 1792, it promised two things - that they would trade exclusively and directly with each other, and that they wouldn\u2019t undercut each other\u2019s commission.\nBut they had no permanent building, and only a tiny number of companies to trade. So, until 1817, traders met at Tontine Coffee House at 82 Wall Street - a riotous and dynamic backdrop against which to do business.\nIn this episode, Arion, Rebecca and Olly learn what a Buttonwood is; reveal which sitting U.S. President was the first to step foot in the NYSE; and explain what (presumably) happens in the complicated second act of \u2018Hamilton\u2019...\xa0\nFurther Reading:\n\u2022 \u20188 March 1817: the New York Stock Exchange is formed\u2019 (MoneyWeek, 2020): https://moneyweek.com/429720/8-march-1817-the-new-york-stock-exchange-is-formed\n\u2022 \u2018The Tontine Coffee House\u2019 (Narratively, 2013): https://narratively.com/the-tontine-coffee-house/\n\u2022 \u2018Hidden History: Wall Street\u2019 (HISTORY):\nhttps://www.youtube.com/watch?v=fOPw0x0yGJc\nFor bonus material and to support the show, visit\xa0Patreon.com/Retrospectors\nWe'll be back tomorrow! Follow us wherever you get your podcasts:\xa0podfollow.com/Retrospectors\nThe Retrospectors are Olly Mann, Rebecca Messina & Arion McNicoll, with Matt Hill.\nTheme Music: Pass The Peas. Announcer: Bob Ravelli. Graphic Design: Terry Saunders. Edit Producer: Alexa Weissman.\nCopyright: Rethink Audio / Olly Mann 2022.\n Hosted on Acast. See acast.com/privacy for more information.\nLearn more about your ad choices. Visit podcastchoices.com/adchoices