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The '''Edinburgh Stock Exchange''' was established in 1844.
The '''Edinburgh Stock Exchange''' was established in 1844. A rival '''Edinburgh and Leith Commercial and Stock Exchange''' was founded in 1845, and the two bodies merged in 1856.<ref name="Thomas">{{cite book|last=Thomas|first=William Arthur |title=The Provincial Stock Exchanges|publisher=Routledge|date=1973|isbn=9780714629810|url=http://books.google.co.uk/books?id=748Zf5dH3HgC&pg=PA285&dq=Edinburgh+and+Leith+Commercial+and+Stock+Exchange&hl=en&sa=X&ei=C6GaT6T6NYjvsgbu0MjSDg&ved=0CEMQ6AEwAA#v=onepage&q=Edinburgh%20and%20Leith%20Commercial%20and%20Stock%20Exchange&f=false|accessdate=27 April 2012}}</ref>

==History==
The Edinburgh Stock Exchange was established in 1844, and the rival '''Edinburgh and Leith Commercial and Stock Exchange''' was the following year. The two bodies merged in 1856.<ref name="Thomas">{{cite book |last=Thomas |first=William Arthur |title=The Provincial Stock Exchanges |publisher=Routledge |date=1973 |isbn=9780714629810 |url=http://books.google.co.uk/books?id=748Zf5dH3HgC&pg=PA285}}</ref> The founding of the stock exchange coincided with the development of the [[financial industry]] within the city, such as the establishment of the Society of Accountants in 1853 and the Actuarial Society of Edinburgh in 1859.<ref name=ahc>http://books.google.co.uk/books?id=helmrh6KD14C&pg=PA9</ref>


In 1964, the Edinburgh, [[Glasgow Stock Exchange|Glasgow]], [[Aberdeen Stock Exchange|Aberdeen]] and [[Dundee Stock Exchange|Dundee]] stock exchanges came together to form the [[Scottish Stock Exchange]], while still continuing to trade locally in each city. The Scottish Stock Exchange was closed in 1971, resulting in the closure of the Edinburgh Stock Exchange offices.
In 1964, the Edinburgh, [[Glasgow Stock Exchange|Glasgow]], [[Aberdeen Stock Exchange|Aberdeen]] and [[Dundee Stock Exchange|Dundee]] stock exchanges came together to form the [[Scottish Stock Exchange]], while still continuing to trade locally in each city. The Scottish Stock Exchange was closed in 1971, resulting in the closure of the Edinburgh Stock Exchange offices.

Revision as of 16:54, 27 September 2014

The Edinburgh Stock Exchange was established in 1844.

History

The Edinburgh Stock Exchange was established in 1844, and the rival Edinburgh and Leith Commercial and Stock Exchange was the following year. The two bodies merged in 1856.[1] The founding of the stock exchange coincided with the development of the financial industry within the city, such as the establishment of the Society of Accountants in 1853 and the Actuarial Society of Edinburgh in 1859.[2]

In 1964, the Edinburgh, Glasgow, Aberdeen and Dundee stock exchanges came together to form the Scottish Stock Exchange, while still continuing to trade locally in each city. The Scottish Stock Exchange was closed in 1971, resulting in the closure of the Edinburgh Stock Exchange offices.

More than three-quarters of Scottish bank shares were traded at the Edinburgh exchange, although the Bank of Scotland, the Caledonian Bank and the City of Glasgow Bank were also listed at other Scottish exchanges.

Share prices from the Edinburgh Stock Exchange were published in the Edinburgh Evening Courant until 1886, then the Edinburgh Evening News.

References

  1. ^ Thomas, William Arthur (1973). The Provincial Stock Exchanges. Routledge. ISBN 9780714629810.
  2. ^ http://books.google.co.uk/books?id=helmrh6KD14C&pg=PA9

See also