Home Money & Business Business From a decade-old child to a Muppet character to an incoming president, NYSE bell-ringers encompass a mix of renowned and lesser-known figures.

From a decade-old child to a Muppet character to an incoming president, NYSE bell-ringers encompass a mix of renowned and lesser-known figures.

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From a decade-old child to a Muppet character to an incoming president, NYSE bell-ringers encompass a mix of renowned and lesser-known figures.

The New York Stock Exchange (NYSE) has a rich tradition of notable figures ringing the opening bell, a practice that began back in 1956. Interestingly, the inaugural bell ringer was not a prominent executive, politician, or celebrity, but rather a 10-year-old boy named Leonard Ross, who earned this distinction by winning a TV quiz show.

Since that time, a diverse array of individuals, including influential business leaders, political figures, and Hollywood icons, have participated in this ceremonial event. For instance, President Ronald Reagan rang the bell in 1985 during his tenure, and other notable personalities like former New York City Mayor Michael Bloomberg and actor Robert Downey Jr. have followed suit. Even beloved Muppet Miss Piggy has had her turn at the bell, showcasing the event’s broad appeal.

Most recently, President-elect Donald Trump participated in this time-honored tradition on Thursday, marking his role at the NYSE. He was joined by his wife, Melania Trump, who previously had the honor of ringing the bell in 2019 as part of her “Be Best” initiative, illustrating the family’s connection to this prestigious event.

The bell-ringing ceremony typically features founders and high-ranking executives from the more than 2,300 companies listed on the exchange. In recent months, executives from notable firms such as Alaska Air Group, Bath & Body Works, and Ally Financial have taken part in the ceremony, continuing the tradition of recognizing influential business figures.

The history of stock trading in the vicinity of the NYSE’s current location dates back to the Dutch settlement of New Amsterdam and the time when Wall Street was literally home to a fortification. The roots of the NYSE can be traced to the 1792 “Buttonwood Agreement,” which established foundational rules for trading and set standard commission structures.

In 1865, the NYSE established its first permanent location, where an actual gong was used as the opening bell. The exchange transitioned to its present iconic building in 1903 and adopted an electronically operated brass bell, which has since evolved into a system that features synchronized bells across its four trading areas, marking both a historical legacy and a modern trading hub.