The UK Stock Exchange - News feed selections
http://www.lonympics.co.uk/new/oi1aaaaaaaaaazaaa12121aa11z1aaa.htm An Index of web pages on the subject of shares, stocks, FOREX and Finance.
An Index of web pages on the subject of Shares, Stocks, FOREX and Finance
History of the UK stock exchange development.
1698 A list of stock and commodity prices called The Course of the Exchange and other things is issued by John Castaing at the Office in Jonathans Coffee-house. (That explains the prices at my coffee house I must be buying shares in the coffee company) This was the earliest evidence of trading in marketable securities in London.
1698 Dealers are removed from the Royal Exchange for rowdiness and start to operate in streets and coffee houses, in particular in Jonathans Coffee House in Change Alley. ("Waiter I didn't order a Cappuccino ", "I know but I have a cold")
1720 The wave of speculative fever (is that like the plague) known as the South Sea Bubble bursts (Sounds painful).
1748 Fire storms through Change Alley, destroying most of the coffee houses (I suppose that meant quite few changes to change alley).
1776 The wealth of nations (the communist manifesto of capitalism) is developed in Scotland.
1773 Brokers erect a building in Sweetings Alley, with a dealing room on the ground floor and a coffee room above. First known as New Jonathans, members change the name to The Stock Exchange .
1801 The business reopens under membership subscription basis. The first regulated exchange comes into existence in London, the modern Stock Exchange.
1802 The Exchange moves to Capel Court.
1812 A codified rule book is introduced.
1836 Regional exchanges open in Manchester and Liverpool.
1845 More speculative fever this time Railway mania sweeps the country ( Ahh yes train spotting is a great pleasure of mine too).
1854 Stock Exchange rebuilt.
1876 A Deed of Settlement for the Stock Exchange is developed.
1923 The Exchange receives its own Coat of Arms, with the motto Dictum Meum Pactum (I don't speak Welsh).
1973 First female members admitted to the market. The 11 British and Irish regional exchanges amalgamate with the London exchange.
1986 Deregulation of the market, known as Big Bang.
Ownership of member firms by an outside corporation is accepted.
All firms become broker or dealers capable of operating in a dual capacity.
Individual voting rights stop.
Trading moves from being conducted face-to-face
on a market floor to computer and telephone from separate dealing rooms.
The Exchange becomes a private limited company (You can buy it up now, with the
coffee house).
1995 AIM Alternative Investment market launched.(this is where all the loony companies go, this is I buy all my shares)
1997 SETS Stock Exchange Electronic Trading Service is launched to bring greater speed and efficiency to the market..
2003 We create EDX London, a new international equity derivatives business, in partnership with OM Group.
2004 We move to brand new headquarters in Paternoster Square, close to
St Paul's Cathedral.
Links to stock exchange web sites
An Index for our sites, with links to 100s of our greatest sites.
The official London stock exchange website www.londonstockexchange.com/
The New York Stock exchange website http://www.nyse.com/
The Inidian Stock exchanges http://www.investmentmap.com/Indianstockexchanges.htm
Stock news sources
http://uk.finance.yahoo.com/ Yahoo stock info
www.moneyweek.com Money Week
CNNMoney.com CNN business
http://en.wikipedia.org/wiki/Stock_Exchange
Stock exchange history
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History of how stock exchanges evolved
In
the 12th century in France courratiers de change were concerned with regulating
debts of agricultural communities for banks. As these men traded in debts, they
could be regarded as the first brokers.Some suggest the origin of the term "bourse"
comes from latin bursa meaning bag since, in Bruges, the sign of a purse on the
front of the house showed where merchants held court. Another argument is that
In the 13th century commodity traders in Bruges gathered inside the house of a
man called Van der Burse, and in 1309 they made this meet official and it became
the "Bruges Bourse". The idea spread quickly around Flanders and neighbouring
counties and "Bourses" soon began operating in Amsterdam and Ghent .In
the middle of the 13th century Venetian bankers began trading government securities.
In 1351 the Venetian Government outlawed rumors intended to lower government funds.
There were people in Pisa, Verona, Genoa and Florence who also began trading in
government securities in the 14th century. This was possible because they were
independent city states not ruled by a duke but a council of citizens.
A grain
bourse in Rybinsk, Russia.The Dutch later started joint stock companies, which
let shareholders invest in business ventures and get a share of profits - or losses.
In 1602, the Dutch East India Company issued the first shares on the Amsterdam
Stock Exchange.
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