History of the NYSE pt. 2

This is the second part of the NYSE history that I started on November 11. All of this and more is available at the NYSE website.
In 1903, the exchange made its move to its current final location at 18 Broad St. the new trading floor is 60% larger than the previous the previous floor. At the onset of WWI, the exchange experienced the longest trading halt in its history that lasted 4.5 months; the exchange took this action to prevent plunging stock prices. A year later stocks were quoted in dollars in lieu of percent of par value. After the end of the First World War, the United States emerges as world financial leader bypassing London; there were 1,700 foreign issues in 1918. 1923 saw the establishment of a Fraud Bureau to prevent gambling on stock prices. In 1929, the exchange experienced the infamous black Friday and the beginning of the great depression. In 1933, Roosevelt signed the securities act of 1933 including registration of new issues and disclosure requirements. A year later, the SEC was established. In 1954, the Dow surpasses the 1929 peak. 1966 was a big year for the exchange, which included the creation of SIPC as well as the NYSE composite index. In 1972, the Dow closes above 1,000. 1982 marked the first day trading volume was over 100 million. In 1987, the DIJA had its largest one-day drop of 22.61%. In 1996, Real time stock quotes were placed on CNBC. The beginning of the new century saw many new things including quotes in decimals, and the first ETF (exchange-traded fund).
Just this new century and millennium has seen many changes at our great stock exchange. If you are interested see, the NYSE’s in depth history go to the NYSE website and check out their timeline. Sadly, they are not teaching the students in our country the history of our great financial system.