From MarketsWiki
Jump to: navigation, search
FTSE Russell banner 2016.gif

The telegraph put many exchange clerks out of business when it was introduced in 1844. Before it was invented, by Samuel Morse in 1837, clerks would go from broker to broker with pads of paper and stock quotations. The telegraph, which sent messages along electrical wires, was able to send information within minutes of an event happening.[1]


  1. Stock Exchange Communications. The Financial History of the United States.