Home > London Stock Exchange
The 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 former Stock Exchange Tower, based in Threadneedle Street/Old Broad 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 largely redundant with the advent of the "Big Bang" on 27 October 1986, which deregulated many of the Stock Exchange's activities. It eliminated fixed commissions on security trades and allowed securities firms to act as brokers and dealers. It also enabled an increased use of computerised systems that allowed dealing rooms to take precedence 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 by Queen Elizabeth II once again, accompanied by The Duke of Edinburgh, on 27 July 2004. The new building contains a specially commissioned dynamic sculpture called "The Source", by artists Greyworld.
The FTSE actuaries series of indices tracks the performance of the London market.
Shares in the LSE trade under the ticker symbolA stock symbol or ticker symbol is a shorthand code used to uniquely identify shares of a publicly-traded corporation on a particular stock market. A stock symbol may either be comprised of letters, numbers or a combination of both. S stock symbol history LSE.
See also market makerA market maker is a person or a firm which quotes a buy and sell price in a financial instrument or commodity hoping to make a profit or the turn on the spread i. the difference between the buying and selling price. Most stock exchanges operate on a match.
External links
Stock exchange
London
