Society, economy & sport

Founding of London Stock Exchange

1698

The London Stock Exchange traces its origins to the coffee houses of the City of London in the late 17th century, where merchants and brokers met to trade shares in joint-stock companies. In 1698 John Castaing began publishing the prices of stocks and commodities at Jonathan's Coffee-House, a regular list that is often taken as the start of organized trading in London. The brokers later formed a club and in 1801 established a formal stock exchange with its own building and rules. Over time it became one of the world's major financial centres, financing railways, industry and empire. It is now part of the London Stock Exchange Group, and trading is conducted electronically.

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This moment belongs to the Early modern world (1500 CE to 1760 CE), voyages, printing and new ideas. You can also browse everything in the 17th century.