Downtown Josh Brown
👤 SpeakerAppearances Over Time
Podcast Appearances
It was a Merrill Lynch product.
vehicle and you guys acquired it.
Why did they sell it?
They got out of the ETF business wholesale.
No.
So that's interesting.
The Philadelphia Semiconductor Exchange, everyone calls it the SOX, but that had been a longstanding thing that people paid attention to.
But that wasn't what SMH was built on.
Okay.
The United States.
Don't think it's the oldest.
Claude and Claude.
Don't think Claude is right.
The Buttonwood tree was 1700s.
I don't think anything predated the Buttonwood tree.
That wasn't a stock exchange.
Literally, there's a document in the New York.
I just looked at it.
I brought a guest to the New York Stock Exchange today.
They have the actual founding document that the 19 original dealers signed incorporating themselves as an exchange.