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The London Stock market is without a doubt one of the biggest and also most essential

exchanges on the planet. It's additionally among the oldest. Coming from its beginning in

1801 to the present, where it stands as the greatest exchange in the EU and also the 3rd

largest on the planet, it is currently valued at around $3. 266 trillion. It's safe to say that the

market has come a long way in its historical past, which covers a lot more than 200 years.

Within 1801, the main source of mining company trading was conducted through the Royal

Trade, which has been around ever since 1565. Before the London Stock market was a

market in an official right, it had its origins in a variety of activities throughout the 17th

Century.

Unfortunately, stockbrokers weren't allowed in this exchange, because of being considered

to be having rude manners and behavior. Therefore, they had to trade elsewhere, but still

had to be near the exchange itself. This resulted in other establishments, primarily the likes

of Jonathan's Coffee-house, becoming home to various stockbrokers seeking to generate

business.

Brokers would visit these types of establishments with lists with various prices. These would

cover various commodities, swap rates along with other information on key products and

provisions, such as salt and fossil fuel. These would certainly then be offered during auction

type events. While not the standards expected today, this witnessed the beginnings of

modern day stock trading, opening the exchange for the greater public usage. This listing

was also kept up to date several times a week. Because of inferior technology, it wasn't as

effortless to update every day, yet alone the hourly and up-to-date information expected

these days.

Any kind of history fans will even know that the Royal Exchange has seen a lot more than its

fair share of fires. When it was initially destroyed in 1669, it was rebuilt with an all new

building and greater control to deter away from the coffee house stock trading. The brand

new exchange had brokers, but additionally merchants directly marketing merchandise. The

exchange became a genuine regulated stock exchange, however it wasn't without its issues.

The number of brokers allowed had been fixed; although capped initially at 100, this grew

with the trade. Additional restrictions along with a growing problem associated with

unlicensed brokers meant that trade was somewhat limited and restricted.