London Stock Exchange

London Stock Exchange (abbreviated LSE) is a stock exchange market located in London. Founded in 1801, it is one of the largest stock exchanges in the world, with many overseas listings as well as UK companies.

The Stock Exchange Tower is based in Threadneedle Street/Old Board Street was opened by the Queen Elizabeth II in 1972 and housed the 'Trading Floor' where traders would traditionally meet to conduct business. This became redundant with the advent of 'Big Bang' in 1986 which marked the point of deregulation of the market and also the increased use of computerised systems that allowed dealing rooms to take presidence over face to face trading.

In July 2004 the London Stock Exchange moved from Threadneedle Street to Paternoster Square (EC4) close to St Paul%27s Cathedral, still within the Square mile in the City of London. It was officially opened Queen Elizabeth II once again, accompanied by The Duke of Edinburgh, on the 27th July 2004. The new building contains a specially commissioned dynamic atrium centre piece called "The Source".

The FTSE actuaries series of indices tracks the performance of the London market.

Shares in the LSE trade under the ticker symbol LSE.

See also market maker.

External links

London Stock Exchange






Google
Home   Alphabetical Listing   Quote


This article is from Wikipedia. All text is available under the terms of the GNU Free Documentation License.