Fantasty stock market trading game launched by nebusiness.co.uk
Feb 25 2009 by Graeme King, The Journal
Proud history of trading
STOCKS and shares have been traded in the UK for more than 300 years. The London Stock Exchange is one of the world’s oldest and can trace its history back to the coffee houses of 17th-Century London.
It quickly grew to become the City’s most important financial institution and is now recognised as one of the strongest in the world.
The first regional exchanges opened in Manchester and Liverpool in 1836. Newcastle had its own stock exchange for many years, starting off life in premises in Neville Hall on Westgate Road.
In the early 1960s, Newcastle boasted no less than 11 stockbroking firms – including the venerable Wise Speke, which is now Brewin Dolphin, one of our key partners in promoting Taking Stock.
In 1965, nine exchanges including Newcastle merged to form a Northern stock exchange with floors in Manchester and Liverpool.
In 1973, 11 British and Irish regional exchanges amalgamated with the London exchange.
In 1986, the London market was deregulated, in what is affectionately known as “Big Bang”.
In 1995, the London Stock Exchange launched the Alternative Investment Market, as a platform for growing companies, and it has since seen many North East companies join.
Today the LSE is one of the key stock markets around the world, alongside the New York, Frankfurt and Tokyo exchanges. It could just be that the talents fostered in Taking Stock will see a renaissance of North East influence on the world’s stock markets. The next George Soros could be amongst us...
