The London Stock Exchange has gone through many changes to stay relevant over the past 30 years, switching focus from shares to data
by Anthony Hilton FCSI(Hon)
One of the leaders in the City of London told me that after Big Bang in the mid-80s when the Stock Exchange began to modernise, private client stockbrokers and back office staff were in danger of falling down the cracks. Accordingly, two representative bodies were created: the Association of Private Client Investment Managers and Stockbrokers in 1990, later known as the Wealth Management Association, and the Securities Institute in 1992.
The Institute has flourished over the past two decades as a global examining and representative body for the development of financial and investment professionals. The Royal Charter in 2009 reflected this and led to the change of name to the Chartered Institute for Securities & Investment (CISI).
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