New Ventures of an Old Exchange

Cover Story

It is one of London's oldest financial institutions, yet the London Stock Exchange (LSE) has the appearance of a vigorously commercial and entrepreneurial business. Its glass-fronted headquarters beneath the shadow of St. Paul's Cathedral in Paternoster Square, where the exchange has been based for the last four years, are a far cry from the crowded coffee shops where share trading first began in London in the 17th century. The LSE, like its rival international exchanges, is naturally a

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