The London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London in the United Kingdom. As of December 2011[update], the Exchange had a market capitalisation of US$3.266 trillion (short scale), making it the fourth-largest stock exchange in the world by this measurement (and the largest in Europe).[2] The Exchange was founded in 1801 and its current premises are situated in Paternoster Square close to St Paul 's Cathedral in the City of London. The Exchange is part of the London Stock Exchange Group.
Contents [hide]
1 History
1.1 Coffee House
1.2 Royal Exchange
1.3 First Rule Book
1.4 Foreign and regional exchanges
1.5 The Exchange before the World Wars
1.6 First World War
1.7 Second World War
1.8 Post-war
1.9 IRA bombing
1.10 "Big Bang"
1.11 Occupy London
2 Activities
2.1 Primary markets
2.2 Secondary markets
3 Statistics
4 Information services
5 Post trade
6 Technology
7 M&A activity
7.1 Borsa Italiana
7.2 MTS
7.3 Turquoise
7.4 NASDAQ bids
7.5 Proposed merger with TMX Group
8 Opening times
9 See also
10 References
11 Further reading
12 External links
History[edit]Coffee House[edit]The Royal Exchange had been founded by Thomas Gresham on the model of the Antwerp Bourse, as a stock exchange. It was opened by Elizabeth I in 1571.
During the 17th century, stockbrokers were not allowed in the Royal Exchange due to their rude manners. They had to operate from other establishments in the vicinity, notably Jonathan 's Coffee-House. At that coffee house, a broker named John Casting started listing the prices of a few commodities, exchange rates and certain key provisions such as salt, coal and paper in 1698. Originally, this was not a daily list and was only published a few days of the week.
This list and activity was later moved to Garraway’s coffee house. Public auctions during this period were conducted for the duration that a length of tallow candle could burn; these were known as "by inch of candle" auctions.
Contents [hide]
1 History
1.1 Coffee House
1.2 Royal Exchange
1.3 First Rule Book
1.4 Foreign and regional exchanges
1.5 The Exchange before the World Wars
1.6 First World War
1.7 Second World War
1.8 Post-war
1.9 IRA bombing
1.10 "Big Bang"
1.11 Occupy London
2 Activities
2.1 Primary markets
2.2 Secondary markets
3 Statistics
4 Information services
5 Post trade
6 Technology
7 M&A activity
7.1 Borsa Italiana
7.2 MTS
7.3 Turquoise
7.4 NASDAQ bids
7.5 Proposed merger with TMX Group
8 Opening times
9 See also
10 References
11 Further reading
12 External links
History[edit]Coffee House[edit]The Royal Exchange had been founded by Thomas Gresham on the model of the Antwerp Bourse, as a stock exchange. It was opened by Elizabeth I in 1571.
During the 17th century, stockbrokers were not allowed in the Royal Exchange due to their rude manners. They had to operate from other establishments in the vicinity, notably Jonathan 's Coffee-House. At that coffee house, a broker named John Casting started listing the prices of a few commodities, exchange rates and certain key provisions such as salt, coal and paper in 1698. Originally, this was not a daily list and was only published a few days of the week.
This list and activity was later moved to Garraway’s coffee house. Public auctions during this period were conducted for the duration that a length of tallow candle could burn; these were known as "by inch of candle" auctions.
References: 5.Jump up ^ Bomb Blast Rips London 's Stock Exchange; No Injuries Reported : Terrorism: Apparent IRA warning allows time to evacuate the building and surrounding area. - Los Angeles Times. Articles.latimes.com (1990-07-21). Retrieved on 2013-08-12. 6.Jump up ^ London Stock Exchange Is Rocked by a Bombing - New York Times. Nytimes.com (1990-07-21). Retrieved on 2013-08-12. 7.Jump up ^ Davies, Caroline (16 October 2011). "Occupy London protest continues into second day". The Guardian (London). 8.Jump up ^ "Stock exchange occupation blocked" 9.Jump up ^ "Occupy London: Protest continues for second day". BBC News Online (London). 16 October 2011. 10.Jump up ^ Leo King (2011-02-14) 11.Jump up ^ "Get the Facts: The London Stock Exchange". YouTube. [copyright violation?] 12.Jump up ^ Ajay Shah (2009-07-04) 13.Jump up ^ "London Stock Exchange to replace Tradelect with Millennium". London: ComputerWeekly.com. 2009-09-04. 14.Jump up ^ Rowena Mason (2008-09-10) 15.Jump up ^ "London Stock Exchange trading hit by technical glitch". BBC News. 2009-11-26. 16.Jump up ^ David M 17.Jump up ^ "London Stock Exchange Rejects .NET For Open Source". Slashdot. 2009-10-06. 18.Jump up ^ Patrick, M.; Lucchetti, A., Reilly, D., Taylor, E 19.Jump up ^ "Scottish Widows says has sold 2.7 mln LSE shares at 1,175 pence". Forbes. 2006-04-12. [dead link] 20.Jump up ^ Ortega, E 21.Jump up ^ MacDonald, A.; Lucchetti, A. (2006-05-04). "In LSE Stakes, Nasdaq Advances, Euronext Falls". The Wall Street Journal. Cite uses deprecated parameters (help) 22.Jump up ^ Lucchetti, A.; MacDonald, A 23.Jump up ^ Goldsmith, B.; Elliott, M. (2006-05-19). "Nasdaq raises LSE stake, making rival bids harder". Reuters. Cite uses deprecated parameters (help) 24.Jump up ^ Lucchetti, A.; MacDonald, A 25.Jump up ^ "LSE rejects £2.7bn Nasdaq offer". BBC News. 2006-11-20. 26.Jump up ^ [2][dead link] 27.Jump up ^ "Statement re lapse of Nasdaq’s offer". londonstockexchange.com. 2007-02-10. 28.Jump up ^ "Sale Update" 29.Jump up ^ Magnusson, N.; McSheehy, W. (2007-09-20). "Dubai to Buy Stakes in Nasdaq, LSE; Strikes OMX Deal". bloomberg.com. Cite uses deprecated parameters (help) 30.Jump up ^ "LSE agrees merger with TMX of Canada"