The history of london stock exchange
The Royal Exchange in London was founded in the 16th century by the merchant Sir Thomas Gresham on the suggestion of his factor Richard Clough to act as a centre of commerce for the City of London. The site was provided by the City of London Corporation and the Worshipful Company of Mercers, who still jointly own the freehold.It is trapezoidal in shape and is flanked by Cornhill and The exchange became a public limited company, London Stock Exchange PLC, in 2001—the year of its bicentennial. In 2011 it was announced that the LSE and the TMX Group, owner of the Toronto Stock Exchange, had agreed to merge. This article was most recently revised and updated by Jeff Wallenfeldt, Manager, Geography and History. London Stock Exchange Group was founded in October 2007 and is headquartered in London, the United Kingdom. “ “London Stock Exchange History Coffee House. The Royal Exchange had been founded by Thomas Gresham on the model of the Antwerp Bourse, as a stock exchange. It was opened byElizabeth I in 1571.