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IN THE NEWS

Westfield Stratford City East
Westfield Stratford City East Retail Theme

TOUR OF THE MONTH

American Tour of London
American Tour of London

ON THIS DAY IN LONDON

25th July 1829 Striking pre-Raphaelite model Elizabeth Siddal was born in London.go to related location

25th July 1603 The Coronation of James I (and VI of Scotland) in Westminster Abbey.go to related location

Money, Money, Money



Money, Money, Money

Where the money is at...or indeed where we think it is

Location: 10 Paternoster Square, EC4M 7LS

Description: The 'London Stock Exchange' was founded in 1801 and is one of the largest stock exchanges in the world, with many overseas listings as well as British companies.

The exchange is part of the London Stock Exchange Group and so sometimes referred to by the ticker symbol for the group, LSE.

The trade in shares in London began with the need to finance two voyages: The Muscovy Company's attempt to reach China via the White Sea north of Russia, and the East India Company voyage to India and the east. The trading in the stocks of the second company began in 1688.

In 1697, a law was passed to 'restrain the number and ill-practice of brokers and stockjobbers' following a number of insider trading and market-rigging incidents. It required all brokers to be licensed and to take an oath promising to act lawfully.




Themes: PoliticsPolitics Theme  SocietySociety Theme
Ranking This Month: 1977/2705
Pages Hit This Month: 59
Link to This Page: http://www.shadyoldlady.com/location/1985
Credits: http://www.londonstockexchange.com/

Money, Money, Money

Where the money is at...or indeed where we think it is


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