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Timeline

Chronology Highlights
1653-1859 1860-1899 1900-1919 1920-1939 1940-1959 1960-1979 1980-1999 2000-Today
1653 - 1859 1860 - 1899 1900 -1919 1920 -1939 1940 -1959 1960 -1979 1980 -1999 2000 -Today

1980 - 1999

1982
First 100 Million Share Day First 100 Million Share Day
The NYSE experiences its first 100 million share day.
1984
Committee on Voting Rights Appointed
The Exchange appoints a committee to review voting rights issues.
Super Dot 250 Launches
The Exchange launches SuperDot 250, an electronic order-routing system that links member firms to specialist posts on the trading floor.
1985
Trading Hours Change
Trading hours change to 9:30 a.m. until 4 p.m. where they remain today.
Reagan 1985 Ronald Reagan Visits NYSE
March 28
The United States' 40th President, Ronald Reagan, becomes the first U.S. President to visit the NYSE while in office.

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Reagan on the Bell Podium
Reagan in the Boardroom
Reagan on the Trading Floor
1986
New Voting Rights Policy Adopted
Common stocks with unequal classes of voting rights can list on the NYSE only if approved by two-thirds of all shares and a majority of independent directors.
1987
Largest One-Day Percentage Drop Largest One-Day Percentage Drop
On October 19, the Dow Jones Industrial Average experiences its largest one-day percentage drop in history, 508 points or 22.61 percent. This drop causes volume to surge to an unprecedented 604 million shares. The next day, volume reaches 608 million shares.

View additional images:
NYSE Trading Floor Crowds
NYSE Trading Post
Crowds on Wall Street
After The Fall
1988
Circuit Breakers
The SEC approves a series of actions by the NYSE and the Chicago Mercantile Exchange to coordinate procedures between the equities and futures markets, including coordinated circuit breakers to control extreme price movements and the sharing of market surveillance data.
Protection of Shareholders Rights
The SEC prohibits disenfranchisement of existing common stockholders.
1990
Industry Wide Test
An industry wide test demonstrates the ability to handle volume in excess of 800 million shares a day.
51 Million Americans Own Stock
More than 51 million Americans own stocks, according to the latest NYSE census.
1991
Corporate Governance Symposium
The NYSE holds a symposium to gather perspective and data on improving aspects of corporate governance, such as director independence.
Off-hours Trading
The NYSE begins its first off-hours trading sessions. Session I from 4:15 - 5 P.M. Session II from 4 - 5:15 P.M.
Dow Exceeds 3,000
On January 1, 1991, the Dow Jones Industrial Average exceeds 3,000 for the first time.

1992
Average Daily Volume Surpasses 200 Million
The average daily volume surpasses 200 million shares.
Ronald Reagan and Mikhail Gorbachev Tour the Trading Floor
May 13
Former President Ronald Reagan and former Soviet President Mikhail Gorbachev tour the trading floor during a visit to the NYSE to commemorate the NYSE's bicentennial.

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Reagan with Gorbachev and former NYSE Chairman and CEO, William H. Donaldson

NYSE floor community greets Reagan and Gorbachev

Bicentennial NYSE Bicentennial
On May 17, the NYSE celebrates its 200th anniversary as one of the world's most vital and enduring financial institutions.
1993
Integrated Technology Plan
The Integrated Technology Plan is begun to upgrade trading floor networks, hardware and software, in order to enhance the quality, capacity, efficiency and productivity of virtually every aspect of trading floor operations.

Systems capacity to handle over 1 billion shares a day is implemented.
1st German Listed Company
Daimler-Benz AG becomes the first German listed company.
1994
"Market 2000"
The SEC issues its "Market 2000" study of the U.S. securities markets.

The SEC approves a uniform shareholder voting rights policy adopted by the NYSE, the American Stock Exchange and the National Associations of Securities Dealers.
1995
Video: Trading Posts Upgrade
The NYSE launched an aggressive plan to re-engineer the NYSE trading floor to make use of the most sophisticated technology of the time. Handheld terminals, fiber optics, cellular communications and the first large-scale application of high-definition flat-screen technology were installed to speed market information and strengthen trading floor professionals' ability to manage orders. The two-minute timelapse film below follows the progress of technicians installing the technology at a trading post over the course of a single weekend, ensuring that the market opened smoothly for trading on Monday morning.
 
Three-day Settlement Period
The three-day settlement period for listed equities is introduced.
1996
Real-time Ticker
NYSE launches real-time stock tickers on CNBC and CNN-FN. Previously, market data had been delayed 20 minutes.
First Russian Listed Company
VimpelCom, the largest provider of cellular telecommunications in Russia, becomes the NYSE's first Russian listed company.
290 Non-US Companies Listed
A new volume record is set on July 16, trading 681 million shares.

A record 59 non-U.S. companies joined the NYSE list in 1996, bringing the total to a record 290.
1997
Wireless Data System
The Wireless Data System is inaugurated, allowing brokers to receive orders, access market information and transmit execution reports from any location on the trading floor.
Trading in Sixteenths
June 24
NYSE begins trading stocks in increments of "sixteenths," an interim step toward quoting stock prices in decimals.
Dow Plummets
On October 27, the Dow Jones Industrial Average plummets 554 points, triggering the NYSE's "circuit breaker" rule for the first time. Trading halts at 3:30 p.m.
Volume Tops 1 Billion
On October 28, volume tops 1 billion shares for the first time. More than 1.2 billion shares are traded as the Dow Jones Industrial Average soars 337.17 points, rebounding from the previous day's loss.
1998
New "circuit breaker" rules
April 15
New "circuit breaker" rules went into effect to halt trading when the Dow Jones Industrial Average drops 10, 20 and 30 percent.
Preliminary agreement to build trading facility
December 22
The NYSE reached preliminary agreement to build a trading facility on the block across from the current Exchange building.
1999
Independent Director Requirement
The NYSE requires domestic listed companies to seat at least three independent directors on audit committees and set rules for their independence and financial expertise.
3D Trading Floor
NYSE unveils 3D Trading Floor, an advanced Trading Floor operations center.
DJIA tops 10,000
On March 19, the Dow Jones Industrial Averages tops 10,000 for the first time.