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Exchange Alley, London
Exchange Alley or Change Alley is a narrow alleyway connecting shops and coffeehouses in an old neighbourhood of the City of London. It served as a convenient shortcut from the Royal Exchange on Cornhill to the Post Office on Lombard Street and remains as one of a number of alleys linking the two streets. Shops once located in Exchange Alley included ship chandlers, makers of navigation instruments such as telescopes, and goldsmiths from Lombardy in Italy. The 17th and 18th century coffeehouses of Exchange Alley, especially Jonathan's and Garraway's, became an early venue for the lively trading of shares and commodities. These activities were the progenitor of the modern London Stock Exchange. Similarly, Lloyd's Coffee House, at No. 16 Lombard Street but originally on Tower Street, was the forerunner of Lloyd's of London, the Lloyd's Register and Lloyd's List. The nearest London Underground station is Bank and the closest mainline railway station is Cannon Street. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Change Alley Eastward (3164408560)
Change or Changing may refer to: Alteration * Impermanence, a difference in a state of affairs at different points in time * Menopause, also referred to as "the change", the permanent cessation of the menstrual period * Metamorphosis, or change, a biological process by which an animal physically develops after birth or hatching * Personal development, or personal change, activities that improve awareness and identity * Social change, an alteration in the social order of a society * Technological change, invention, innovation, and diffusion of technology Organizations and politics * Change 2011, a Finnish political party * Change We Need, a slogan for Barack Obama's 2008 presidential campaign * Change.gov, the transition website for the incoming Obama administration in 2008–2009 * Change.org, a petition website operated by Change.org, Inc. * Communities Helping All Neighbors Gain Empowerment (CHANGE), a civic organization based in Winston-Salem, North Carolina * Movement for Ch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral in the City of London. Since 2007, it has been part of the London Stock Exchange Group (LSEG, that it also lists ()). The LSE was the most-valued stock exchange in Europe from 2003 when records began till Autumn 2022, when the Paris exchange was briefly larger, until the LSE retook its position as Europe’s largest stock exchange 10 days later. History Coffee House The Royal Exchange had been founded by English financier Thomas Gresham and Sir Richard Clough on the model of the Antwerp Bourse. It was opened by Elizabeth I of England in 1571. During the 17th century, stockbrokers were not allowed in the Royal Exchange due to their rude manners. They had to operate from other establishments in the vicinity, notably ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Edward Matthew Ward
Edward Matthew Ward, , (14 July 1816 – 15 January 1879) was a British painter who specialised in historical genre. He is best known for his murals in the Palace of Westminster depicting episodes in British history from the English Civil War to the Glorious Revolution. Life Early career Ward was born in Pimlico, London. As a youth, he created illustrations for the well-known book '' Rejected Addresses'', written by his uncles James and Horace Smith. He also illustrated the papers of Washington Irving. In 1830 he won the "silver palette" from the Society of Arts. With support from David Wilkie and Francis Leggatt Chantrey, he became a student at the Royal Academy Schools. In 1836 he travelled to Rome, where in 1838 he gained a silver medal from the Academy of St Luke for his ''Cimabue and Giotto'', which in 1839 was exhibited at the Royal Academy. While a student at the Schools, Ward became a member of The Clique, a group of painters, led by Richard Dadd. Like other members ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Sea Bubble
South is one of the cardinal directions or compass points. The direction is the opposite of north and is perpendicular to both east and west. Etymology The word ''south'' comes from Old English ''sūþ'', from earlier Proto-Germanic ''*sunþaz'' ("south"), possibly related to the same Proto-Indo-European root that the word ''sun'' derived from. Some languages describe south in the same way, from the fact that it is the direction of the sun at noon (in the Northern Hemisphere), like Latin meridies 'noon, south' (from medius 'middle' + dies 'day', cf English meridional), while others describe south as the right-hand side of the rising sun, like Biblical Hebrew תֵּימָן teiman 'south' from יָמִין yamin 'right', Aramaic תַּימנַא taymna from יָמִין yamin 'right' and Syriac ܬܰܝܡܢܳܐ taymna from ܝܰܡܝܺܢܳܐ yamina (hence the name of Yemen, the land to the south/right of the Levant). Navigation By convention, the ''bottom or down-facing side'' of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stockjobber
Stockjobbers were institutions that acted as market makers in the London Stock Exchange. The business of stockjobbing emerged in the 1690s during England's Financial Revolution. During the 18th century the jobbers attracted numerous critiques from Thomas Mortimer, Daniel Defoe and others. These writers denounced the use of market manipulation and front running and regarded it as unethical that the jobbers made money without any interest in the stocks involved. The business survived repeated legislation to ban it and became institutionalised. Prior to the "Big Bang" deregulation of 1986, every stock traded on the Exchange passed through a 'jobber's book', that is, they acted as the ultimate purchasers of shares sold and the source of shares purchased, by stockbrokers on behalf of the latters' clients. Stockbrokers in turn were not permitted to be market makers. In the final years of stockjobbing, the leading firms were Akroyd & Smithers, Wedd Durlacher, Pinchin Denny, Smith Broth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thomas Gresham
Sir Thomas Gresham the Elder (; c. 151921 November 1579), was an English merchant and financier who acted on behalf of King Edward VI (1547–1553) and Edward's half-sisters, queens Mary I (1553–1558) and Elizabeth I (1558–1603). In 1565 Gresham founded the Royal Exchange in the City of London. Origins Born in London and descended from an old Norfolk family, Gresham was one of two sons and two daughters of Sir Richard Gresham, a leading merchant mercer and Lord Mayor of London, who was knighted by King Henry VIII for negotiating favourable loans with foreign merchants. Education Gresham was educated at St Paul's School. After that, although his father wanted Thomas to become a merchant, Sir Richard first sent him to university at Gonville and Caius College, Cambridge. He was concurrently apprenticed in the Mercers' Company to his uncle Sir John Gresham, founder of Gresham's School, while he was still at Cambridge. Agent in the Low Countries In 1543 the Mercers' Compa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Edward Matthew Ward (1816-1879) - The South Sea Bubble, A Scene In 'Change Alley In 1720 - N00432 - National Gallery
Edward Matthew Ward, , (14 July 1816 – 15 January 1879) was a British painter who specialised in historical genre. He is best known for his murals in the Palace of Westminster depicting episodes in British history from the English Civil War to the Glorious Revolution. Life Early career Ward was born in Pimlico, London. As a youth, he created illustrations for the well-known book ''Rejected Addresses'', written by his uncles James and Horace Smith. He also illustrated the papers of Washington Irving. In 1830 he won the "silver palette" from the Society of Arts. With support from David Wilkie and Francis Leggatt Chantrey, he became a student at the Royal Academy Schools. In 1836 he travelled to Rome, where in 1838 he gained a silver medal from the Academy of St Luke for his ''Cimabue and Giotto'', which in 1839 was exhibited at the Royal Academy. While a student at the Schools, Ward became a member of The Clique, a group of painters, led by Richard Dadd. Like other members o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cannon Street Station
Cannon Street station, also known as London Cannon Street, is a central London railway terminus and connected London Underground station in Travelcard zone 1 located on Cannon Street in the City of London and managed by Network Rail. It is one of two London termini of the South Eastern Main Line, the other being , while the Underground station is on the Circle and District lines, between Monument and Mansion House. The station runs services by Southeastern, mostly catering for commuters in southeast London and Kent, with occasional services further into the latter. The station was built on a site of the medieval steelyard, the trading base in England of the Hanseatic League. It was built by the South Eastern Railway in order to have a railway terminal in the City and compete with the rival London, Chatham and Dover Railway. This required a new bridge across the River Thames, which was constructed between 1863 and 1866. The station was initially a stop for continental ser ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank–Monument Station
Bank and Monument are interlinked London Underground and Docklands Light Railway (DLR) stations that form a public transport complex spanning the length of King William Street in the City of London. Bank station, named after the Bank of England, opened in 1900 at Bank junction and is served by the Central, Northern and Waterloo & City lines, and the DLR. Monument station, named after the Monument to the Great Fire of London, opened in 1884 and is served by the District and Circle lines. The stations have been linked as an interchange since 1933. The station complex is one of the busiest on the London Underground network, with usage of the station rising by 38% since 2008. Owing to this, the station complex has been rated the Underground's worst station in passenger surveys, and is currently undergoing a substantial upgrade and expansion. The stations are in fare zone 1. History The Bank–Monument station complex was created by building links between several nearby st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Underground
The London Underground (also known simply as the Underground or by its nickname the Tube) is a rapid transit system serving Greater London and some parts of the adjacent counties of Buckinghamshire, Essex and Hertfordshire in England. The Underground has its origins in the Metropolitan Railway, the world's first underground passenger railway. Opened on 10 January 1863, it is now part of the Circle, District, Hammersmith & City and Metropolitan lines. The first line to operate underground electric traction trains, the City & South London Railway in 1890, is now part of the Northern line. The network has expanded to 11 lines, and in 2020/21 was used for 296 million passenger journeys, making it one of the world's busiest metro systems. The 11 lines collectively handle up to 5 million passenger journeys a day and serve 272 stations. The system's first tunnels were built just below the ground, using the cut-and-cover method; later, smaller, roughly circular tu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lloyd's List
''Lloyd's List'' is one of the world's oldest continuously running journals, having provided weekly shipping news in London as early as 1734. It was published daily until 2013 (when the final print issue, number 60,850, was published), and is in constantly updated digital format only since then. Also known simply as ''The List'', it was begun by Edward Lloyd, the proprietor of Lloyd's Coffee House, as a reliable and concise source of information for the merchants' agents and insurance underwriters who met regularly in his establishment in Lombard Street to negotiate insurance coverage for trading vessels. The digital version, updated hour-to-hour and used internationally, continues to fulfil a similar purpose. Today it covers information, analysis and knowledge relevant to the shipping industry, including marine insurance, offshore energy, logistics, market data, research, global trade and law, in addition to shipping news. History Predecessor publications are known. One hist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lloyd's Register
Lloyd's Register Group Limited (LR) is a technical and professional services organisation and a maritime classification society, wholly owned by the Lloyd’s Register Foundation, a UK charity dedicated to research and education in science and engineering. The organisation dates to 1760. Its stated aims are to enhance the safety of life, property, and the environment, by helping its clients (including by validation, certification, and accreditation) to improve the safety and performance of complex projects, supply chains and critical infrastructure. In July 2012, the organisation converted from an industrial and provident society to a company limited by shares, named Lloyd’s Register Group Limited, with the new Lloyd’s Register Foundation as the sole shareholder. At the same time the organisation gave to the Foundation a substantial bond and equity portfolio to assist it with its charitable purposes. It will benefit from continued funding from the group’s operating arm, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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