CONTACT

44 Wall Street- 12th Floor
New York, NY 10005
Tele: (212) 461-2244   Fax: (646) 755-3305

Monday – Friday: 9AM – 5PM
Saturday: By appointment only
Sunday: By appointment only

 

Email

General Inquiries
info@shankerlaw.nyc

LOCATION

We are located at 44 Wall Street- 12th Floor in the heart of the Financial District directly east of the New York Stock Exchange (Corner of Wall Street and William Street)

Nearest subway stations are:    

Fulton St./Broadway (4 & 5) Lexington Avenue Express

Fulton St./William St. (2 & 3) - 7th Avenue Express

Fulton St./Nassau St. (J & Z) Nassau Street Express

Fulton St./Nassau St. (A) - 8th Avenue Express

Fulton St./Nassau St. (C) 8th Avenue Local

History

In the late 18th century, there was a buttonwood tree at the foot of Wall Street under which traders and speculators would gather to trade securities. The benefit was being in proximity to each other. In 1792, traders formalized their association with the Buttonwood Agreement which was the origin of the New York Stock Exchange. The idea of the agreement was to make the market more "structured" and "without the manipulative auctions", with a commission structure. Persons signing the agreement agreed to charge each other a standard commission rate; persons not signing could still participate but would be charged a higher commission for dealing.

In 1789, Wall Street was the scene of the United States' first presidential inauguration when George Washington took the oath of office on the balcony of Federal Hall on April 30, 1789. This was also the location of the passing of the Bill Of Rights. In the cemetery of Trinity Church, Alexander Hamilton, who was the first Treasury secretary and "architect of the early United States financial system," is buried.

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