The New York Stock Exchange started as a Coffee Shop

Did you know the New York Stock Exchange started as a coffee house? This is true of Lloyds of London as well.

Up until recently the runners at the British Stock Exchange were still called waiters due to fact it too started as a coffee house.

In London many coffee houses went on to become some of the world's most powerful businesses.

Lloyd's Coffeehouse became Lloyds of London. The Baltic Coffeehouse became the London Shipping Exchange. The Jerusalem Cafe became the East India Company.

Fact Source

Author: Roopsi

Added: January 12, 2011

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Organisation/Institute: Lady Shri Ram College For Women, Delhi

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