Big Bang


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Big Bang

The term applied to the liberalization in 1986 of the London Stock Exchange (LSE) when trading was automated.

Big Bang

An informal term referring to the deregulation of the London Stock Market on October 27, 1986. On that date, a number of changes occurred, including a shift from an open outcry system to an electronic exchange. Perhaps most important, however, was the abolition of fixed commissions, which completely changed the way brokers on the London Stock Market conducted their business. Big Bang significantly increased the volume on the London Stock Exchange and reversed its trend of falling behind other world stock markets. It was a major part of Prime Minister Margaret Thatcher's financial reform program.

It is important to note that one does not refer to Big Bang as the Big Bang.

Big Bang

The date, October 27, 1986, on which the London security markets were significantly deregulated. The deregulation eliminated fixed commissions on security trades and put an end to the prohibition against securities firms acting as brokers and dealers.

big bang

see STOCK EXCHANGE.
References in periodicals archive ?
Arran Goodchild, of Big Bang Near Me, said: "We are very excited to be working with RTC North and seeing the STEM community rally together to engage and inspire the young people in the North East.
Ate girl causing traffic in Metro Manila just to prove her love for Big Bang.
A 100-second recording represents the sound from about 380,000 years after the Big Bang until about 760,000 years after the Big Bang.
I can't rate the Big Bang experience highly enough.
Recently, physicists have suggested it's entirely possible for other Big Bangs to happen in whatever medium our universe created itself.
The Big Bang theory, however, does not explain what happened before the universe's beginning.
The Big Bang is not so much a standard plot-driven story as it is a staggering reflection upon the meaning of modern scientific discovery in dialogue form.
As opposed to this sacred cosmology, the new scientific cosmology built upon the work of Tycho Brahe, Johannes Kepler, Galileo Galilei, and Isaac Newton claims to know exactly what happened some five billion years ago, within the first ten seconds of the so-called Big Bang, which is generally taken as the beginning of the cosmos.
His disputes with the Big Bang theorists made headlines, and laypeople as well as experts took sides in the cosmological controversy.
Intriguing color illustrations pepper Hubble And The Big Bang but the text is the meat of this coverage and is suitable report material for grades 3-5.
They're kind of Gilded Age/space-age objects, and they immediately looked to me like a galaxy or an explosion--a Pop image of the big bang.