at 10 Paternoster Sq, London EC4M 7LS, London , EC4M 7 United Kingdom
The London Stock Exchange is a stock exchange located in the City of London in the United Kingdom., the Exchange had a market capitalisation of US$6.06 trillion, making it the third-largest stock exchange in the world by this measurement . The Exchange was founded in 1801 and its current premises are situated in Paternoster Square close to St Paul's Cathedral in the City of London. The Exchange is part of the London Stock Exchange Group.HistoryCoffee HouseThe Royal Exchange had been founded by English financier Thomas Gresham on the model of the Antwerp Bourse, as a stock exchange. It was opened by Elizabeth I of England in 1571.During the 17th century, stockbrokers were not allowed in the Royal Exchange due to their rude manners. They had to operate from other establishments in the vicinity, notably Jonathan's Coffee-House. At that coffee house, a broker named John Casting started listing the prices of a few commodities, exchange rates and certain key provisions such as salt, coal and paper in 1698. Originally, this was not a daily list and was only published a few days of the week.This list and activity was later moved to Garraway’s coffee house. Public auctions during this period were conducted for the duration that a length of tallow candle could burn; these were known as "by inch of candle" auctions. As stocks grew, with new companies joining to raise capital, the royal court also raised some monies. These are the earliest evidence of organised trading in marketable securities in London.
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London Stock Exchange is London based place and this enity listed in Financial Services category. Located at 10 Paternoster Sq, London EC4M 7LS EC4M 7. Contact phone number of London Stock Exchange: 020 7797 1000
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