Saturday, February 26, 2011

What Is The London Stock Exchange (LSE), Better Known As The "City Of London"?

The London Stock Exchange, or LSE, is one of the world's oldest stock exchanges, with a rich history dating back to 1698. The exchange began its life in the coffee houses of 17th century London, when John Castaing began issuing "at this Office in Jonathan's Coffee-house" a list of stock and commodity prices called "The Course of the Exchange and other things." As it is organized today, the LSE has 4 main business areas that are offered to the public investors:

- Equity Markets - enabling companies from around the world to raise capital needed to grow, and by listing securities in a well regulated market. Access to these markets is provided through the Main Market and AIM. 


- Trading Services - providing a fast and efficient trading platform, to be used by brokers and firms around the world to buy and sell securities.
 

- Market Information Services - supplying high quality, real-time information and news to the financial community.
 

- Derivatives - expanding to become the world's most efficient and liquid market for equity derivatives. The EDX London hopes to move the LSE beyond their core equities markets. 




Other Important Facts About The London Stock Exchange:

The following are some of the facts and figures available for the London Stock Exchange. These statistics will allow you to understand the relative size of the exchange:

- There are more than 380 firms worldwide that trade as members of the London Stock Exchange.
 

- The exchange claims to be the most international of all stock exchanges, with companies from over 84 countries admitted to trading in their markets.
 

- The exchange is arguably the largest stock exchange in Europe.
 

- The LSE accounts for 63% of all European initial public offerings.
 

- In November 2010, there were around 12 million trades, involving 102 billion British Pounds.
 

- Around 2700 companies were listed on the London Stock Exchange at 2010. with a total market value of 3.8 trillion British Pounds. 

Let's go now to the history of the London Stock Exchange!

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