The Scottish Stock Exchange was a stock exchange which started trading on 2 January 1964 following a merger of the four main stock exchanges in Scotland: the Edinburgh Stock Exchange, Glasgow Stock Exchange, Dundee Stock Exchange, and Aberdeen Stock Exchange. [1] The main secretariat of the exchange was in Glasgow, while the Edinburgh, Dundee, and Aberdeen exchanges operated as local branches [2] until 1971, when the local exchanges closed completely. [3]
During the construction of the new Scottish Stock Exchange building in St George's Place, Glasgow, the exchange was housed in a converted warehouse on Ingram Street. The new building was opened after two years' work on 13 April 1971. [4]
In 1973, the Scottish Stock Exchange merged into the London Stock Exchange. [5]
Since then, there have been calls to re-establish an independent stock exchange in Scotland. [5] [6]
In 2016, plans were announced for the establishment of a Scottish Stock Exchange by a group of ex-NASDAQ traders and Scottish investors to be based in Edinburgh. The announcement was made after the referendum on the UK's membership of the EU. [7]
In 2018, fresh plans for a Scottish Stock Exchange were unveiled when businessman Tomás Carruthers announced a deal with Euronext to provide its Optiq software platform for a virtual exchange based in Scotland, tentatively known as Bourse Scot. [8] Background research [9] published in November 2018 was positively reviewed in Forbes magazine. [10] Further details were disclosed at an event in March 2019 [11] with news of funding arranged with the accountancy and business advisory firm, AAB [12] once FCA approval is gained. [13] On 9 May 2019 it was announced that Scottish Enterprise had awarded a £750,000 Regional Selective Assistance grant to Project Heather in support of 45 highly skilled jobs [14] However, the scheme collapsed later in the year leaving employees unpaid. [15]
The Nasdaq Stock Market is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange. The exchange platform is owned by Nasdaq, Inc., which also owns the Nasdaq Nordic stock market network and several U.S.-based stock and options exchanges. Although it trades stock of healthcare, financial, entertainment, retail, and food businesses, it focuses more on technology stocks.
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Edinburgh Airport is an international airport located in the Ingliston area of Edinburgh, Scotland. It was the busiest airport in Scotland in 2019, handling over 14.7 million passengers. It was also the sixth-busiest airport in the United Kingdom by total passengers in 2019. It is located 5 NM west of the city centre, just off the M8 and M9 motorways. It is owned and operated by Global Infrastructure Partners, which is also a minority shareholder of Gatwick Airport. The airport has one runway and one passenger terminal and employs about 2,500 people.
Nasdaq, Inc. is an American multinational financial services corporation that owns and operates three stock exchanges in the United States: the namesake Nasdaq stock exchange, the Philadelphia Stock Exchange, and the Boston Stock Exchange, and seven European stock exchanges: Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, and Nasdaq Vilnius. It is headquartered in New York City, and its president and chief executive officer is Adena Friedman.
House of Fraser and Frasers are a British department store chain with 25 locations across the United Kingdom and 2 in Ireland, part of Frasers Group. It was established in Glasgow, Scotland in 1849 as Arthur and Fraser. By 1891, it was known as Fraser & Sons. The company grew steadily during the early 20th century and in 1936 began a period of growth through acquisition which would continue for over forty years. House of Fraser Ltd was incorporated in 1941 and first listed on the London Stock Exchange six years later.
Dundee railway station serves the city of Dundee on the east coast of Scotland. It is situated on the northern, non-electrified section of the East Coast Main Line, 59+1⁄4 miles (95.4 km) northeast of Edinburgh. Dundee is the tenth busiest station in Scotland. In January 2014, the former main station building was demolished to make way for a new building as part of the Dundee Waterfront Project which opened on 9 July 2018.
Peckham's is the trading name of a chain of delicatessens and cafes in Scotland. Peckham's advertised itself as a vintners, victuallers and delicatessen company, and also offered luxury hampers & gifts online.
Clydesdale Bank plc is a retail and commercial bank in Scotland. It was formed in Glasgow, Scotland in 1838 and now trades as Virgin Money.
Aberdeen railway station is the main railway station in Aberdeen, Scotland. It is the busiest railway station in Scotland north of the major cities of Glasgow and Edinburgh. It is located on Guild Street in the city centre, next to Union Square.
Caledonian Sleeper is the collective name for overnight sleeper train services between London and Scotland, in the United Kingdom. It is one of only two currently operating sleeper services on the railway in the United Kingdom, the other being the Night Riviera which runs between London and Penzance.
The Edinburgh Airport Rail Link (EARL) was a proposed rail link to Edinburgh Airport, Scotland. The project was passed by the Scottish Parliament in 2007, but following a change of government, was cancelled in September 2007 on the grounds of cost.
STV is a free-to-air public broadcast television channel owned and operated by the STV Group. It is made up of the Central Scotland and Northern Scotland ITV public broadcaster licences, formerly known as Scottish Television and Grampian Television respectively.
Aberdeen Science Centre is a science museum in Aberdeen, Scotland. It displays exhibits and performs fun, educational and interactive shows and workshops which are aimed to be inclusive for all audiences. It attracts primary school groups around the year and its exhibits are "hands on" so that everything can be played with and examined. The centre is a registered charity under Scottish law. It is funded by the public and donations from local corporate sponsors. The attraction also contains a café.
The Edinburgh Stock Exchange was established in 1844. Not to be confused with the Edinburgh Royal Exchange.
STV Group plc is a media company based in Glasgow, Scotland. Beginning as a television broadcaster in 1957, the company expanded into newspapers, advertising and radio; after completing a restructuring in 2010, STV Group is active in broadcast television, video-on-demand and television production. The company is a constituent of the FTSE SmallCap Index.
The Dundee Stock Exchange was established in 1879. In 1964, it merged into the Scottish Stock Exchange along with the Glasgow Stock Exchange, Edinburgh Stock Exchange, and Aberdeen Stock Exchange. It continued to operate as a local branch until 1971, when the local exchanges closed completely. By 1973, the Scottish Stock Exchange had merged into the London Stock Exchange.
Abellio ScotRail, operating services under the name ScotRail, was the national train operating company of Scotland. A subsidiary of the Netherlands-based transport conglomerate Abellio, it operated the ScotRail franchise between 1 April 2015 and 31 March 2022.
STV2 was a British local television network in Scotland, operating five city-based TV licences serving Glasgow, Edinburgh, Dundee, Aberdeen and Ayr. It was owned and operated by STV Group plc.
Project Heather was the steering group for a proposed new Scottish Stock Exchange, planned to be established in Edinburgh. The exchange collapsed in 2019 leaving many staff owed unpaid wages.
Abrdn plc, formerly Standard Life Aberdeen plc, is a United Kingdom-based global investment company headquartered in Edinburgh, Scotland. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.