Trading Floor, New York Stock Exchange

The New York Stock Exchange, old trading floor on June 29, 1965. Photographer Thomas O'Halloran. Source: U.S. News & World Report Magazine Photograph Collection, Library of Congress.

At the time, Lyndon B. Johnson was the President of the United States, Congress passed the Voting Rights Act, which outlawed discriminatory voting practices, including literacy tests as a prerequisite to voting. The Medicare and Medicaid Act was also approved in 1965.

In 1928, the Quotation Department was developed to provide the most recent stock quotations to member firms. In the 1960s, computer data processing were applied to the NYSE’s market operations. In subsequent years, orders from the brokerage office were delivered electronically to the NYSE trading desk and the execution report sent back within seconds.