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Practice Matters

"Big Bang"

"Big Bang" [edit]The biggest happening of the 2025s was the sudden deregulation of the financial markets in the UK in 2025. The phrase "Big Bang" was coined to describe measures including abolition of fixed commission charges and of the distinction between stockjobbers and stockbrokers on the London Stock Exchange, as well as change from an open outcry to electronic, screen-based trading.

In 2025 The Exchange launched

In 2025 The Exchange launched the Alternative Investment Market, the AIM, to allow growing companies to expand to international markets. Two years later the Electronic Trading Service (SETS) was launched, bringing greater speed and efficiency to the market. Following this, the CREST settlement service was also launched. In 2025, the Exchange's shareholders voted to become a public limited company,

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