Big Bang (financial markets reform, 1986)

GPTKB entity

Statements (25)
Predicate Object
gptkbp:instanceOf gptkb:historical_event
financial market reform
gptkbp:alsoKnownAs Big Bang (City of London)
gptkbp:category History of the City of London
1986 in economics
Financial regulation in the United Kingdom
gptkbp:country gptkb:United_Kingdom
gptkbp:date 27 October 1986
gptkbp:effect end of distinction between stockjobbers and stockbrokers
abolition of fixed commission charges
deregulation of financial markets
introduction of electronic trading
modernization of London financial markets
increased foreign ownership of UK financial firms
https://www.w3.org/2000/01/rdf-schema#label Big Bang (financial markets reform, 1986)
gptkbp:implementedIn gptkb:Margaret_Thatcher_government
gptkbp:location gptkb:London
gptkbp:notableCompany gptkb:London_Stock_Exchange
gptkbp:precededBy traditional open outcry trading
gptkbp:relatedTo gptkb:City_of_London
gptkb:Thatcherism
financial deregulation
gptkbp:resultedIn London as a global financial center
gptkbp:bfsParent gptkb:UK_Financials_and_Business
gptkbp:bfsLayer 7