When are both the New York and London exchanges open?
I'm curious to know, at what specific times do the trading hours of both the New York and London exchanges overlap? It's essential for international traders like myself to be aware of the operational schedules of these major financial hubs in order to maximize trading opportunities and navigate market volatility efficiently. So, can you elaborate on the precise window of time when both exchanges are simultaneously active?
How did the London Exchange become a Subscription Room?
Could you elaborate on the historical progression that led to the London Exchange evolving into a Subscription Room? Was it a gradual shift or a sudden decision by the authorities? What were the primary factors that drove this transformation, and how did it impact the trading activities and overall market dynamics at the time? Understanding the roots of this transition could provide valuable insights into the evolution of financial markets and exchanges.