Unsung Women of the Amex


Everyone knows that Muriel Siebert became the first female member of the New York Stock Exchange in 1967.  But did you know that two years earlier, not one but two women joined the American Stock Exchange?

It’s true.

On November 18, 1965, Phyllis S. Petersen and Julia Montgomery Walsh enrolled as the first women members of the American Stock Exchange.  In this photograph president Edwin D. Ethrington and chairman David S. Jackson look on as the new members sign the Amex Constitution.  Both women were “off-floor” members based in Washington, DC.

A four-page news release rightfully touted the landmark event.  The final paragraph observed that women were attaining positions of increasing responsibility in the securities industry and noted that 40 women were partners or officers in Amex member firms while several hundred more were employed as registered representatives and security analysts.