Wednesday April 14 is a date when the world of finance changed. In 1720, it was the day when the South Sea company first sold stock to the public. £2 million worth of stock was offered at £300 per share, and the issue sold out within an hour. Sales were especially brisk thanks to investors […]
Hot on the heels of the London Stock Exchange’s proposal to acquire financial data firm Refinitiv, conventional wisdom was that there would soon be rival bids for the company. Few were expecting a bid to acquire the London Stock Exchange Group (LSEG) itself. The bidder is the Hong Kong Exchanges Group, a veritable titan of […]
Investing in stocks has been popular since the forerunners of Starbucks became the epicentre of investment in the likes of Antwerp and Amsterdam when funding explorations into the new world was all the rage. In 1698 one John Castaing began posting the prices of stocks in Jonathan’s coffee shop and the Change Alley emporium gave […]
