New York is recognized today as the economic capital of the word, but that wasn’t always the case. During this Wall Street Tour, in the company of a seasoned financial insider, we examine the events that started New York
on its path to financial dominance. We'll visit the spots where the institutions that make up our 21st century financial system and look at how they got their start, tracing the growth of the markets through their ups and downs, triumphs and disasters, up to the present day. And, of course, we'll meet the heroes, the villains, and the characters who contributed to make Wall Street
what it is today.
Boom to Bust to Boom
Navigating the southern tip of Manhattan, we'll begin our Wall Street Tour by exploring the origins of the stock exchanges and discussing the various booms and panics that plagued their early existence. Starting with the Buttonwood Agreement, we'll track how a consolidated floor of securities trading came into being here, and consider how New York's stock exchange rose to prominence above those of other cities. We'll also look at the role of Clearing and Settlement in the financial markets and discuss the innovations that allowed the markets to operate at the speed and volumes they do today, as well as the frequently volatile history of the exchange, looking how stock trading has changed dramatically over the centuries since its conception. We'll visit the sites of the New York Stock Exchange, Morgan's Bank and the Federal Reserve Bank, touching upon the history and importance of each as epicenters for the finance industry in New York, throughout the nation, and later, across the globe.
Wall Street Tour
Since the Financial District is where New York City was first settled, we'll also visit sights of historical significance on this Wall Street Tour, such as Fraunces Tavern, Federal Hall, Trinity Church and the Great Wall Street Fire, considering how these locations were frequented and their relationships with some of the famous (and infamous) figures that once patronized them. We'll finish our tour with a stop at the site of the World Trade Center and a visit to St Paul's Chapel, the focal point of the rescue efforts after September 11th.
Where do we meet? Where does the walk end?
Generally speaking, the walk begins and ends in Lower Manhattan. Your confirmation email will have the exact meeting point details along with a map, and 24 hour phone number for any last minute issues.
What if it’s raining?
Tours operate rain or shine, but in the case of inclement weather, your docent will modify the tour so more time is spent indoors. It never hurts to have an umbrella on hand.
Is this a walking intensive tour?
This walk covers about 2 miles overall at a gentle pace. There are occasional opportunities to sit, use the bathroom, and get something to drink if needed.