The Big Quiz On Wall Street
Take your time on the quiz. Its pretty difficult so you might need time.
- 1.
When did Joseph L. Searles III become the first black floor member of the New York Stock Exchange?
- A.
1980
- B.
1970
- C.
1975
- D.
1965
Correct Answer
B. 1970 -
- 2.
What was the first member firm listed on the New York Stock Exchange when it went public in 1971?
- A.
Donaldson, Lufkin & Jenrette
- B.
Merrill Lynch
- C.
Paine Webber
- D.
Morgan Stanley
Correct Answer
B. Merrill Lynch -
- 3.
In 1782, which agreement was signed?
- A.
The Cottonwood Agreement
- B.
The Dogwood Agreement
- C.
The Pinewood Agreement
- D.
The Buttonwood Agreement
Correct Answer
D. The Buttonwood Agreement -
- 4.
Who was the first U.S. President to visit the New York Stock Exchange while in office?
- A.
Carter
- B.
Ronald Reagan
- C.
Nixon
- D.
Ford
Correct Answer
B. Ronald Reagan -
- 5.
When did the NASDAQ close above 1000 for the first time?
- A.
January, 1998
- B.
December, 2000
- C.
May, 2002
- D.
Jul-95
Correct Answer
D. Jul-95 -
- 6.
Which exchange introduced the "Small Order Execution System" in 1987?
- A.
American Stock Exchange
- B.
NASDAQ
- C.
New York Stock Exchange
- D.
Tokyo Stock Exchange
Correct Answer
B. NASDAQ -
- 7.
When did brokerages switch from fixed commissions to negotiated commissions?
- A.
May-95
- B.
March, 1975
- C.
June, 1995
- D.
April, 1995
Correct Answer
A. May-95 -
- 8.
What year did trading begin on the NASDAQ?
- A.
1979
- B.
1973
- C.
1970
- D.
1971
Correct Answer
D. 1971 -
- 9.
What was the world's first electronic stock market?
- A.
NASDAQ
- B.
Chicago Stock Exchange
- C.
New York Stock Exchange
- D.
American Stock Exchange
Correct Answer
A. NASDAQ -
- 10.
When was the New York Stock Exchange closed for a bank holiday declared by Franklin D. Roosevelt?
- A.
October, 1929
- B.
May, 1931
- C.
March, 1933
- D.
January, 1930
Correct Answer
C. March, 1933 -
- 11.
When were the terms "bull" and "bear" first formally used to describe types of investors?
- A.
1750
- B.
1775
- C.
1825
- D.
1850
Correct Answer
B. 1775 -
- 12.
When did the New York Stock Exchange close for an extended period of time?
- A.
At The Start Of World War II
- B.
At The Start Of World War I
- C.
During The Korean War
- D.
During The Cuban Missile Crisis
Correct Answer
B. At The Start Of World War I -
- 13.
Roughly what percentage of value was lost in the stock market crash of October 1987?
- A.
22%
- B.
20.50%
- C.
18.90%
- D.
28.50%
Correct Answer
A. 22% -
- 14.
Which Presidential candidate was nicknamed "The Barefoot Boy from Wall Street"?
- A.
Wendell Wilkie
- B.
Adlai E. Stevenson
- C.
Thomas Dewey
- D.
Walter Mondale
Correct Answer
A. Wendell Wilkie -
- 15.
Until 1921, what was the American Stock Exchange known as?
- A.
Sidewalk Traders
- B.
The Curb Exchange
- C.
The Street
- D.
NASDAQ
Correct Answer
B. The Curb Exchange -
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Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
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Current Version
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Mar 19, 2022Quiz Edited by
ProProfs Editorial Team -
Mar 30, 2015Quiz Created by
Cambronbill3
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