the London financial market opens at 9: -15: 3 Beijing time. London's financial market has a long history and powerful functions, and it is an influential financial market. London's financial market covers a wide range and has a wide range of business capabilities. It has a good ability to handle financial business in the world and is a place that world-famous bankers yearn for.
1. Scope of London financial market
London financial market is one of the international financial markets. Since the 14th century, bankers and businessmen from Lombardy have set up shops in a street on the north bank of the Thames in London, which is called Lombardy Street. The major commercial banks in England, as well as the head offices of commercial banks, branches of foreign banks, local banks, stock exchanges, insurance companies, Lloyd's, which specializes in marine insurance, as well as gold, foreign exchange and commodity markets, are all concentrated in this street and its vicinity, forming a world-famous London financial market.
ii. classification of London financial market
according to the nature of business, London financial market can be divided into London short-term capital market, London long-term capital market, London foreign exchange market and London gold market. London's short-term capital market can issue corresponding securities by bidding according to the government's capital demand in different periods; London's long-term capital market can buy and sell bonds of British central and local governments, foreign government bonds, stocks and bonds of industrial and commercial enterprises and companies, etc. London's foreign exchange market is the largest in the world, and the foreign exchange stabilization fund is used to intervene at any time to stabilize the exchange rate and maintain market order; London gold market is the most important spot gold market in the world and the first forward gold trading market in Europe
To sum up, London financial market is a trustworthy financial market with strong financial business and a long history. Bankers can develop here.