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In
December 1968, in response to a fiscal crisis, Philadelphia imposed a $ 0.05 per share stock transfer tax for all transactions on the PHLX. On January 2, 1969, the PHLX moved its trading floor to an office building, then known as the Decker Building, just across a street from the city boundaries
508:
Over its more than 200 years in existence, the
Philadelphia Stock Exchange has had various titles and has been located in various buildings around Philadelphia. Founded in 1790 as the "Board of Brokers," it was located at the Merchants Coffee House, now known as the City Tavern, at the corner of
553:
In 1951, the exchange moved to the
Central Penn Bank Building at 1401 Walnut Street. It stayed there until 1966 when it moved to a newly constructed building (currently the Sofitel Hotel) at 17th and Sansom. The 1700 block of Ionic Street, a narrow thoroughfare just north of this building, was
2044:
2039:
581:
in 1949. The exchange was then named the
Philadelphia-Baltimore Stock Exchange. The Baltimore Stock Exchange then migrated out of its Baltimore Stock Exchange Building, later renamed the Totman Building, to a new home base in Philadelphia.
2118:
526:
As of
January 1, 1874, the par price for membership in the Philadelphia Board of Brokers was $ 1,000, with 198 seats, and "not others are attainable under $ 2,000 each." The board represented a market capital of around $ 350,000.
655:
announced a "definitive agreement" to purchase PHLX for $ 652 million, with the transaction expected to close in early 2008. On July 24, 2008, the acquisition was completed, creating the third-largest options market in the U.S.
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542:. It stayed there until 1888. From 1888 to 1902, the exchange moved to the Drexel Building which was located near Fifth Street and Chestnut. Between 1902 and 1912, the exchange returned to the
2011:
1996:
1042:
106, 3 (July 1982): 327 but for 1790 see John P. Caskey, "The
Philadelphia Stock Exchange: Adapting to Survive in Changing Markets," Business History Review 78, 3 (Autumn 2004): 453-54.
2021:
1526:
753:
The exchange's normal trading sessions are from 9:30 am to 4:00 pm on all days of the week except
Saturdays, Sundays and holidays declared by the exchange in advance.
2082:
1986:
1880:
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1519:
589:
in 1954. The exchange was known as the
Philadelphia-Baltimore-Washington Stock Exchange (often abbreviated as PBW) after those mergers. In 1969, the exchange acquired the
2158:
516:
had formed the "Philadelphia
Merchant’s Exchange Company" to erect a new building to house the Board of Brokers and other groups. The Board of Brokers moved into the
2128:
66:
163:
2063:
2059:
1581:
1571:
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to avoid the tax. In
February, a court ruled that the tax was illegal, and the PHLX moved its trading floor back to its headquarters in the city.
472:
and sometimes referred to as the Philadelphia Board of Brokers. In 1875, the Board of Brokers changed its name to the Philadelphia Stock Exchange.
430:
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798:
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In 2005, a number of large financial firms purchased stakes in the exchange as a hedge against growing consolidation of stock trading by the
523:
On June 20, 1857, the Board of Brokers of Philadelphia transacted no business in the stock board, as their annual dinner was held that day.
116:
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In 1981, the exchange moved to 19th and Market, where it stayed until 2017 when it moved to its current location in the newly built
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238:
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reported that the exchange was for sale by a group of its shareholders, and was expected to be sold for about $ 600 million.
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36:
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995:
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In March 2020, the PHLX announced plans to temporarily move to all-electronic trading on March 23, 2020, due to the
674:
options. The PHLX has more than 16% of United States market share in exchange-listed stock and ETF options trading.
2123:
987:
713:
539:
416:
663:. The last time the stock exchange was closed due to weather for a full two days was on March 12 and 13, 1888.
1138:
728:
1951-1966 – Central Penn Bank Building, 1401 Walnut Street, between South Broad and South 15th Streets
604:
and the Philadelphia Stock Exchange after anonymous callers said bombs had been placed in those buildings.
1511:
1442:
624:
457:
established in the United States and the oldest stock exchange in the nation. The exchange is owned by
731:
1966-1981 – 120 South 17th Street, between Sansom Street and Stock Exchange Place (Ionic Street)
1365:
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590:
586:
559:
513:
492:
484:
1038:
This source says 1791: Thomas Cochrane, "Philadelphia: The American Industrial Center, 1750-1850,"
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476:
1054:"The Philadelphia Stock Exchange and the City It Made. By Domenic Vitiello, with George E. Thomas"
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Jan-Feb 1969 – Drecker Building, Bala Cynwyd, Pennsylvania (trading floor only)
332:
2119:
Buildings and structures on the National Register of Historic Places in Philadelphia
1164:
722:
1902-1912 – Merchants' Exchange Building, 143 South 3rd Streets at Dock Street
54:
One of the former locations of The Philadelphia Stock Exchange at 1411 Walnut Street
1464:
1447:
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1053:
667:
535:
In 1875, the Board of Brokers changed its name to the Philadelphia Stock Exchange.
252:
206:
1240:
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In 1876, the exchange moved to the rear of the Girard Bank Building, formerly the
1414:
1355:
660:
268:
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1913-1951 – 1411 Walnut Street, between South Broad and South 15th Streets
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1247:, documenting the history and activities of the exchange from 1746 to 2005.
546:. In 1913, it moved to a building at 1411 Walnut Street, now listed on the
462:
410:
150:
146:
659:
On October 29, 2012, the stock exchange was shut down for two days due to
1469:
1323:
1315:
744:, 2929 Walnut Street, between Schuylkill Expressway and South 30th Street
699:
636:
316:
1437:
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461:, which acquired it in 2007 for $ 652 million, and is headquartered in
719:
1888-1902 – Drexel Building, near Chestnut and South 5th Streets
554:
renamed Stock Exchange Place and was still signed as such as of 2017.
520:
at 3rd and Dock Streets in 1834 following a fire at the coffee house.
1429:
620:
566:
824:"National Register Information System – (#82003812)"
1500:
1598:
666:
As of 2014, the exchange handles trades for approximately 3,600
49:
1340:
1291:
1250:
652:
628:
612:
458:
364:
491:, often abbreviated PBW. In 1969, the exchange acquired the
716:, 120 South 3rd Street, between Walnut and Chestnut Streets
915:. New York City, United States. January 1, 1874. p. 5
468:
The exchange was founded in 1790 and originally named the
1013:"The City Stock Exchange Closes as a Victim of the Times"
530:
884:. New York City, United States. June 22, 1857. p. 5
1543:
US National Register of Historic Places in Pennsylvania
876:"Annual Dinner of the Board of Brokers of Philadelphia"
1165:"Exchanges, Trading Firms, Consider Bids for Phil-Ex"
1216:
The Philadelphia Stock Exchange and the City It Made
1206:
The Philadelphia Stock Exchange and the City It Made
1139:"Seven things to do with superfluous trading floors"
983:
The Philadelphia Stock Exchange and the City It Made
760:
702:(City Tavern), 138 South 2nd Street at Walnut Street
600:
On October 22, 1981, trading was halted on both the
1572:
History of the National Register of Historic Places
123:
98:
73:
2159:Self-regulatory organizations in the United States
870:
868:
1112:"Nasdaq PHLX Trading Floor Now Open at FMC Tower"
901:
899:
2129:Financial services companies established in 1790
2105:
1218:Philadelphia: University of Pennsylvania Press.
1204:Vitiello, Domenic with Thomas, George E. (2010)
845:
843:
489:Philadelphia-Baltimore-Washington Stock Exchange
1208:Philadelphia: University of Pennsylvania Press.
865:
851:"Nasdaq to acquire Philadelphia Stock Exchange"
737:1981-2017 – Market and South 19th Streets
639:—collectively owned about 89% of the exchange.
593:, and maintained an auxiliary trading floor in
1058:Pennsylvania Magazine of History and Biography
1040:Pennsylvania Magazine of History and Biography
896:
799:List of stock exchange mergers in the Americas
503:
1527:
1266:
840:
424:
1190:Market Hours, NASDAQ OMX PHLX via Wikinvest
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973:
670:options, 15 index options, and a number of
1534:
1520:
1298:, and Nasdaq Baltic stock exchange systems
1273:
1259:
431:
417:
409:Stock exchanges (listing venues) owned by
48:
1162:
1101:NPGallery Digital Asset Management System
979:
37:U.S. National Register of Historic Places
970:
572:
794:List of stock exchanges in the Americas
2144:Options exchanges in the United States
2106:
1171:. Dow Jones & Company. pp. B3
1136:
1130:
1010:
933:
709:, 143 South 3rd Streets at Dock Street
531:1875–1949: Philadelphia Stock Exchange
475:In 1949, the exchange merged with the
1515:
1254:
1163:Lucchetti, Aaron (October 20, 2007).
1077:
1075:
1051:
1004:
689:, the PHLX reopened on May 26, 2020.
481:Philadelphia-Baltimore Stock Exchange
2164:Stock exchanges in the United States
2045:Native American archaeological sites
1241:"Philadelphia Stock Exchange Papers"
980:E. Thomas, George (March 17, 2010).
936:"Philadelphia Stock Exchange (PHLX)"
829:National Register of Historic Places
548:National Register of Historic Places
373:
29:Philadelphia Stock Exchange Building
2149:Organizations based in Philadelphia
2114:1790 establishments in Pennsylvania
1389:
816:
13:
1245:Historical Society of Pennsylvania
1072:
325:
14:
2180:
1225:
341:
245:
2154:Rittenhouse Square, Philadelphia
2087:
2078:
2077:
1597:
1590:
1388:
1280:
1137:Foxman, Simone (July 16, 2013).
1011:Gigler, Rich (August 24, 1974).
988:University of Pennsylvania Press
763:
470:Board of Brokers of Philadelphia
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907:"The Philadelphia Stock Board"
742:FMC Tower at Cira Centre South
483:. In 1954, it merged with the
389:
214:
1:
2040:European archaeological sites
1099:"Philadelphia Stock Exchange"
1088:. August 23, 1888. p. 1.
934:Editor (September 20, 2023).
804:
585:The exchange merged with the
577:The exchange merged with the
131:Show map of the United States
2169:Walnut Street (Philadelphia)
779:Merchants' Exchange Building
707:Merchants' Exchange Building
692:
309:
18:United States historic place
7:
2060:National Historic Landmarks
756:
544:Merchants Exchange Building
518:Merchants Exchange Building
509:Second and Walnut Streets.
504:1790–1875: Board of Brokers
443:Philadelphia Stock Exchange
10:
2185:
2134:Horace Trumbauer buildings
625:Credit Suisse First Boston
498:
2073:
2032:
1969:
1606:
1588:
1549:
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1085:The Philadelphia Inquirer
591:Pittsburgh Stock Exchange
587:Washington Stock Exchange
493:Pittsburgh Stock Exchange
485:Washington Stock Exchange
225:
213:NRHP reference
212:
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157:
140:
59:
47:
43:
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748:
579:Baltimore Stock Exchange
477:Baltimore Stock Exchange
106:Show map of Pennsylvania
81:Show map of Philadelphia
2124:Economy of Philadelphia
1169:The Wall Street Journal
1052:Sylla, Richard (2011).
789:List of stock exchanges
645:The Wall Street Journal
609:New York Stock Exchange
179:39.949662°N 75.164899°W
1562:Keeper of the Register
700:Merchants Coffee House
602:Chicago Board of Trade
1577:National Park Service
1557:Contributing property
1496:Nasdaq Private Market
1116:Philadelphia Magazine
1082:"SLIGHT NET CHANGE".
834:National Park Service
651:On November 7, 2007,
642:On October 20, 2007,
573:1949–present: Mergers
514:Stephen Girard’s Bank
184:39.949662; -75.164899
1018:The Pittsburgh Press
714:Girard Bank Building
487:and was renamed the
479:and was renamed the
406:class=notpageimage|
836:. January 23, 2007.
784:Philadelphia Bourse
771:Philadelphia portal
175: /
144:1409–11 Walnut St.,
962:has generic name (
912:The New York Times
881:The New York Times
853:. November 7, 2007
712:1876-1888 –
705:1834-1876 –
698:1790-1834 –
2101:
2100:
1567:Historic district
1509:
1508:
1491:Nasdaq MarketSite
740:2017-now –
681:. Along with the
679:COVID-19 pandemic
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1290:Operator of the
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1234:Official website
1211:Walsh, Thomas J.
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1118:. April 21, 2017
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449:), now known as
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1607:Lists by county
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1341:Nasdaq New York
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1199:Further reading
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990:. p. 235.
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661:Hurricane Sandy
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615:. These firms—
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61:
60:
57:
56:
53:
45:
44:
41:
40:
35:
32:
31:
28:
25:
24:
17:
9:
6:
4:
3:
2:
2181:
2170:
2167:
2165:
2162:
2160:
2157:
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2150:
2147:
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2137:
2135:
2132:
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2117:
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2112:
2111:
2109:
2094:
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2061:
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2000:
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1995:
1993:
1990:
1989:
1988:
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1974:
1972:
1970:Lists by city
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1486:GlobeNewswire
1484:
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1471:
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1453:Financial-100
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1443:Biotechnology
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1418:
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1410:Copenhagen 25
1408:
1406:
1403:
1402:
1400:
1396:
1381:
1378:
1374:
1371:
1367:
1366:Faroe Islands
1364:
1363:
1362:
1359:
1357:
1354:
1352:
1349:
1348:
1347:
1346:Nasdaq Nordic
1344:
1342:
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1335:
1332:
1330:
1327:
1325:
1322:
1321:
1319:
1317:
1314:
1312:
1309:
1308:
1306:
1302:
1297:
1296:Nasdaq Nordic
1293:
1287:
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1276:
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1257:
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1186:
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1107:
1100:
1095:
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1086:
1078:
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1067:
1063:
1059:
1055:
1048:
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1035:
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1019:
1014:
1007:
999:
997:9780812242249
993:
989:
985:
984:
976:
974:
965:
953:
937:
930:
914:
913:
908:
902:
900:
883:
882:
877:
871:
869:
852:
846:
844:
835:
831:
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819:
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718:
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690:
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684:
680:
675:
673:
669:
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640:
638:
634:
633:Merrill Lynch
630:
626:
622:
618:
614:
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605:
603:
598:
596:
592:
588:
583:
580:
570:
568:
563:
561:
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551:
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545:
541:
536:
528:
524:
521:
519:
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496:
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429:
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414:
412:
407:
398:
382:
366:
350:
334:
318:
302:
286:
270:
254:
240:
228:
226:Added to NRHP
224:
221:
218:
211:
208:
205:
201:
197:
193:
188:
160:
156:
152:
148:
143:
139:
118:
93:
68:
58:
51:
46:
42:
38:
33:
26:
22:
16:
2139:Nasdaq, Inc.
2064:Philadelphia
1987:Philadelphia
1951:Westmoreland
1881:Philadelphia
1465:Stockholm 30
1380:Philadelphia
1379:
1282:Nasdaq, Inc.
1219:
1215:
1205:
1198:
1197:
1185:
1173:. Retrieved
1168:
1158:
1146:. Retrieved
1142:
1132:
1122:December 27,
1120:. Retrieved
1115:
1106:
1094:
1083:
1057:
1047:
1039:
1034:
1022:. Retrieved
1016:
1006:
982:
960:|last1=
942:September 6,
940:. Retrieved
929:
917:. Retrieved
910:
886:. Retrieved
879:
855:. Retrieved
827:
818:
809:
808:
752:
676:
665:
658:
650:
643:
641:
606:
599:
597:until 1974.
584:
576:
564:
556:
552:
537:
534:
525:
522:
511:
507:
488:
480:
474:
469:
467:
463:Philadelphia
450:
446:
442:
441:
411:Nasdaq, Inc.
381:Philadelphia
380:
151:Pennsylvania
147:Philadelphia
15:
2093:NRHP portal
2033:Other lists
1992:Center City
1916:Susquehanna
1866:Northampton
1415:Helsinki 25
1316:First North
1175:October 22,
938:. Moneyzine
857:January 30,
637:Citadel LLC
560:Bala Cynwyd
451:Nasdaq PHLX
182: /
158:Coordinates
2108:Categories
1977:Pittsburgh
1941:Washington
1896:Schuylkill
1856:Montgomery
1801:Lackawanna
1781:Huntingdon
1731:Cumberland
1711:Clearfield
1425:Iceland 10
1351:Copenhagen
805:References
595:Pittsburgh
333:Copenhagen
170:75°09′54″W
167:39°56′59″N
2017:Southwest
2007:Northwest
2002:Northeast
1982:Lancaster
1806:Lancaster
1791:Jefferson
1624:Armstrong
1619:Allegheny
1460:Nordic 40
1448:Composite
1430:ICEX Main
1420:Iceland 8
1405:Baltic 10
1373:Stockholm
1304:Exchanges
1213:review of
1148:March 24,
1066:2169-8546
1024:March 25,
952:cite news
919:March 21,
888:March 21,
693:Locations
621:Citigroup
567:FMC Tower
512:In 1831,
349:Reykjavík
253:Stockholm
203:Architect
2083:Category
1911:Sullivan
1906:Somerset
1831:Lycoming
1811:Lawrence
1766:Franklin
1741:Delaware
1726:Crawford
1721:Columbia
1649:Bradford
1356:Helsinki
757:See also
685:and the
365:New York
269:Helsinki
220:82003812
141:Location
2054:covered
2050:Bridges
1956:Wyoming
1931:Venango
1861:Montour
1846:Mifflin
1826:Luzerne
1816:Lebanon
1796:Juniata
1786:Indiana
1756:Fayette
1736:Dauphin
1716:Clinton
1706:Clarion
1684:Chester
1669:Cameron
1664:Cambria
1634:Bedford
1501:Verafin
1470:Tallinn
1434:Nasdaq
1398:Indices
1361:Iceland
1334:Vilnius
1329:Tallinn
499:History
301:Vilnius
285:Tallinn
1936:Warren
1901:Snyder
1891:Potter
1851:Monroe
1841:Mercer
1836:McKean
1821:Lehigh
1776:Greene
1771:Fulton
1761:Forest
1679:Centre
1674:Carbon
1659:Butler
1629:Beaver
1550:Topics
1311:Boston
1292:Nasdaq
1243:, The
1143:Quartz
1064:
994:
668:equity
653:NASDAQ
613:Nasdaq
459:Nasdaq
397:Boston
153:, U.S.
2012:South
1997:North
1946:Wayne
1926:Union
1921:Tioga
1876:Perry
1699:South
1694:North
1654:Bucks
1644:Blair
1639:Berks
1614:Adams
810:Notes
749:Hours
195:Built
2022:West
1961:York
1886:Pike
1751:Erie
1689:East
1324:Riga
1177:2007
1150:2017
1124:2017
1062:ISSN
1026:2017
992:ISBN
964:help
944:2024
921:2017
890:2017
859:2021
683:NYSE
635:and
611:and
495:.
447:PHLX
317:Riga
198:1911
1746:Elk
1438:100
687:BSE
629:UBS
558:in
465:.
215:No.
2110::
1294:,
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