Philadelphia Stock Exchange that the tax was illegal, and the PHLX moved its trading floor back to its headquarters in the city. In 1981, the exchange moved to 19th and Market, where it stayed until 2017 when it moved to its current location in the newly built FMC Tower. The exchange merged with the Baltimore Stock Exchange in 1949. The exchange was then named the Philadelphia-Baltimore Stock Exchange. The Baltimore Stock Exchange then migrated out of its Baltimore Stock Exchange Building, later renamed the Totman Building, to a new home base in Philadelphia. The exchange merged with the Washington Stock Exchange in 1954.
Königsberg Stock Exchange its second exchange, but it burned down in 1800. Kneiphof's third exchange was then constructed partially within the river in 1801. It was closed in 1875 because it was too small for the growing city. Kneiphof's fourth and final stock exchange opened in 1875 in Vordere Vorstadt, along the southern shore of the Pregel opposite the island of Kneiphof. The two-storied building was constructed by the Bremen architect Heinrich Müller from 1870–75. Emil Hundrieser designed its decoration, which included allegorical figures of Europe, Asia, Africa, and America along the roof and two lions at its steps. Königsberg's merchants considered the