Timeline Monday 27 October 1986

Events on Monday 27 October 1986 1

• 1986 Big Bang financial deregulation London Stock Exchange abolishes fixed commissions The London Stock Exchange abruptly deregulated, scrapping fixed commissions and allowing foreign ownership of member firms. The change, nicknamed the Big Bang, accelerated the shift to electronic trading and cemented London's role as a global financial centre. It reshaped the City of London's banking industry within a few years.