Glasgow Stock Exchange
Encyclopedia
The Glasgow Stock Exchange is a prominent building and financial institution in the centre of the city
Glasgow city centre
Glasgow city centre is the central business district of Glasgow, Scotland. Is bounded by the High Street to the east, the River Clyde to the south and the M8 motorway to the west and north which was built through the Townhead, Charing Cross, Cowcaddens and Anderston areas in the 1960s...

 of Glasgow
Glasgow
Glasgow is the largest city in Scotland and third most populous in the United Kingdom. The city is situated on the River Clyde in the country's west central lowlands...

, Scotland
Scotland
Scotland is a country that is part of the United Kingdom. Occupying the northern third of the island of Great Britain, it shares a border with England to the south and is bounded by the North Sea to the east, the Atlantic Ocean to the north and west, and the North Channel and Irish Sea to the...

.

The exchange was founded in 1844. In 1973, it merged with the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...

, becoming the hub of its Scottish operations.

The current building was erected between 1875 and 1877. It is situated on the corner of Nelson Mandela Place (prior to 1986 known as St George's Place) and Buchanan Street
Buchanan Street
Buchanan Street is one of the main shopping thoroughfares in Glasgow, the largest city in Scotland. It forms the central stretch of Glasgow's famous shopping district with a generally more upmarket range of shops than the neighbouring streets: Argyle Street, and Sauchiehall Street.-History:...

, was designed by John Burnet
John Burnet (architect)
John Burnet was a Scottish architect who lived and practised in Glasgow. He was born the son of soldier and trained initially as a carpenter, before becoming a Clerk of Works...

 in the Venetian Gothic
Venetian Gothic architecture
Venetian Gothic is a term given to an architectural style combining use of the Gothic lancet arch with Byzantine and Moorish architecture influences. The style originated in 14th century Venice with the confluence of Byzantine styles from Constantinople, Arab influences from Moorish Spain and early...

 style, believed to have been inspired by the Royal Courts of Justice
Royal Courts of Justice
The Royal Courts of Justice, commonly called the Law Courts, is the building in London which houses the Court of Appeal of England and Wales and the High Court of Justice of England and Wales...

. In 1906, an extension was added in St George's Place and the entire building was remodelled between 1969 and 1971. The structure is now protected as a category A listed building.
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