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London Stock Exchange
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   Also found in: Financial, Encyclopedia, Wikipedia 0.06 sec.

London Stock Exchange

Principal stock exchange in London, England. The market was founded in 1773, 13 years after 150 brokers who been thrown out of the Royal Exchange reconvened at Jonathan's Coffee House. In 1986 a reorganization, dubbed the ‘big bang’, introduced a number of changes. It allowed ownership of member firms by outside corporations and firms were able to operate as both brokers and dealers (previously the functions had been separated). At the same time, the LSE became a private limited company. The London Stock Exchange was listed as a public company in July 2001.



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which dropped a takeover bid for the London Stock Exchange PLC earlier this year, said Wednesday it has increased its stake in Europe's oldest bourse to 18.
The SPDR[R] FTSE/Macquarie Global Infrastructure 100 ETF is not in any way sponsored, endorsed, managed, sold or promoted by FTSE International Limited ("FTSE"), Macquarie Bank Limited or its affiliates or subsidiaries, the London Stock Exchange Plc (the "Exchange") or by The Financial Times Limited ("FT").
2 billion) bid for London Stock Exchange PLC without explanation on Thursday, sending shares in the bourse sharply lower.
 
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