Temples of trade: The world's best and biggest bourses

Some of the world’s largest stock exchanges have more than just money to show for themselves
Published: Jul 6, 2015
Temples of trade: The world's best and biggest bourses

Image by : Reuters

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  • Temples of trade: The world's best and biggest bourses
  • Temples of trade: The world's best and biggest bourses
  • Temples of trade: The world's best and biggest bourses
  • Temples of trade: The world's best and biggest bourses
  • Temples of trade: The world's best and biggest bourses
  • Temples of trade: The world's best and biggest bourses
  • Temples of trade: The world's best and biggest bourses
London Stock Exchange
Founded:
1801
Owner: Part of London Stock Exchange Group
Address: 10, Paternoster Square, London
Market capitalisation: £4.09 trillion
London’s Stock Exchange can be traced to the city’s 17th century coffee houses. The earliest evidence of trading goes back to 1698, when rowdy brokers were thrown out of the Royal Exchange, and they began to work on the streets and in cafes, particularly Jonathan’s Coffee House in Change Alley. In 1773, they built their own building in Sweeting’s Alley, calling it, briefly, New Jonathan’s, and then The Stock Exchange. During World War I, the Exchange had its own battalion—The Stock Exchange Battalion of Royal Fusiliers—of 1,600 volunteers; it also remained closed from July-end 1914 till the new year. However, during World War II, it was closed only for six days in 1939, and one day in 1945, when it was hit by a rocket (although trading continued in the basement)