The London Stock Exchange Database begins in 1693 when prices were first published in “The Course of the Exchange”, published by John Castaing so stock traders at the coffee shops of London could follow the daily changes in the prices of stocks. Using the Daily List, Lloyd’s List, The London Times, The Economist and other resources, GFD has put together a day-by-day account of the bull and bear markets that have occurred over the past 300 years. If you want to understand how financial markets behaved in the past, you cannot do this without studying the London stock exchange.
The database allows you to follow in daily detail the bubbles that have occurred in London over the past 300 years, including the South Sea Bubble of the 1720s, the Mining and Foreign Bond Bubble of the 1820s, the Railroad Bubble of the 1840s, the Crash of the 1920s, and the Collapse of the 1970s (worse than the 1920s).
You can study British companies to see how Canal stock performed in the early part of the 1800s, railroads from the 1820s on, banking and insurance stocks throughout the 1800s, how the utility industry grew with gas lights companies, water work companies, tramways, the coal and steel industry, and industrial stocks in general.
Since London was the financial center of the world from the Glorious Revolution in 1689 to World War II, the financial trends of today and yesterday cannot be understood unless you analyze the London Stock Exchange. There were three important sectors to the London Stock Exchange:
Even after World War I, London was the largest financial market in the world. In 1929, over 4000 securities traded on the London Stock Exchange, including over 1300 common stocks, more than traded on the New York Stock Exchange. GFD provides comprehensive coverage of the 250-year period during which London dominated the world’s financial markets.