New York City the city is home to the world's two largest stock exchanges by total market capitalization, the New York Stock Exchange and NASDAQ. In 1664, the city was named in honor of the Duke of York, who would become King James II of England. James's older brother, King Charles II, had appointed the Duke proprietor of the former territory of New Netherland, including the city of New Amsterdam, which England had recently seized from the Dutch. During the Wisconsinan glaciation, 75,000 to 11,000 years ago, the New York City region was situated at the edge of a large ice sheet over
New York City Stuyvesant surrendered New Amsterdam to English troops, led by Colonel Richard Nicolls, without bloodshed. The terms of the surrender permitted Dutch residents to remain in the colony and allowed for religious freedom. The English promptly renamed the fledgling city "New York" after the Duke of York (the future King James II of England). The transfer was confirmed in 1667 by the Treaty of Breda, which concluded the Second Anglo-Dutch War. On August 24, 1673, during the Third Anglo-Dutch War, Dutch captain Anthony Colve seized the colony of New York from England at the behest of Cornelis Evertsen the Youngest and