Bogleheads:Anniversaries/November

From Bogleheads
November Anniversaries
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November 1:

November 2:

November 4:

  • 1908 - The first federal credit union in the US opens in Manchester, New Hampshire as “La Caisse Populaire, Ste-Marie” (The People’s Bank). Source: History - St. Mary’s Bank
  • 1999 - The Depository Trust & Clearing Corporation (DTCC), the financial services company providing clearing and settlement services to the financial markets, was established to combine The Depository Trust Company (DTC) and National Securities Clearing Corporation (NSCC). Source: DTCC 2000 annual reports, see DTCC Consolidated Financial Statement

November 6:

November 7:

November 8:

  • 1887 - The Johannesburg Stock Exchange (the JSE) was founded by Benjamin Wollan on 8 November 1887. Source: JSE Overview

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November 19:

  • 1890 - Baring's Bank in London was declared insolvent due to its large holdings of defaulted Argentinian debt. Simultaneously an announcement was made that a consortium of international banks would guarantee Baring's debt. While a banking crisis was averted, Argentina, Brazil, and Uruguay experienced severe recessions. Source: Kris James Mitchener & Marc D. Weidenmier: The Baring Crisis and the Great Latin American Meltdown of the 1890s, NBER, 2007.

November 21:

November 22:

November 25:

  • 1999 - Hong Kong's current second stock market, the Growth Enterprise Market, was founded on November 25, 1999. This market provides a listing board for emerging companies with growth potential. Source: Hong Kong Market Profile

November 26:

  • 1990 - The Shanghai Stock Exchange (SSE) was founded on November 26, 1990. Source: SSE brief bio

November 27:

  • 1893- The Santiago Exchange (Bolsa de Comercio de Santiago), the primary stock exchange in Chile, was founded on November 27, 1893. Source: History

November 28:

  • New York Stock Exchange (NYSE) reopened for bond trading after nearly four months stoppage due to the onset of the first world war. Source: Business history of bonds