London Stock Exchange Trading Floor Closed

In october 2019 the market close ceremony was introduced marking the end of the day s trading.

London stock exchange trading floor closed.

The london stock exchange is open five days per week for 8 5 hours per day and is closed for eight holidays in 2020. All holidays listed below are the observed date not the actual date. London stock exchange is a stock exchange in the city of london england as of april 2018 london stock exchange had a market capitalisation of us 4 59 trillion gb 3 509 633 340 000. Member firms still trade with each other electronically.

Most stock exchanges are open 25 to 35 hours per week with 5 days of trading per week. London stock exchange is one of the world s oldest stock exchanges and can trace its history back to the coffee houses of 17th century london. The stock exchange group has set out a series of options for shortening the market s 8 00 16 30 hours of operation following pressure from traders over their long working days plus the rise of passive investing which has pushed more trading to the final few minutes before market close. Its current premises are situated in paternoster square close to st paul s cathedral in the city of london.

Only firms regulated by the financial conduct authority fca can become member firms of london stock exchange adding a further layer of regulatory oversight. The stock market has closed at times over the years such as during world war ii and in the wake of 9 11 but this is the first time the physical trading floor of the big board has ever shut. London stock exchange today welcomes guild esports lse gild a uk based esports team organisation with an academy powered fan focused model to trading on the standard segment of the main market. The london stock exchange lse is a stock exchange located in london united kingdom with a market cap of 3 47 trillion.

For many decades london stock exchange provided a trading floor where members could buy and sell shares. In 1986 the deregulation of the market and dissolution of the trading floor saw an end to this long standing tradition. Rules and procedures varied from exchange to exchange but they all had a trading floor sometimes called a pit where members conducted their business. However in 2011 london stock exchange launched a new installation to revive this celebrated ceremony.

Members used to meet on the exchange trading floor to buy and sell shares. Although the trading floor closed in 1986. For more see the birth of stock exchanges. The london stock exchange is open 8 5 hours per day which is above average.