Jobber
Contents
Exploring the Role of Jobbers in Financial Markets: A Comprehensive Guide
Unravel the enigmatic world of jobbers, the market makers of the London Stock Exchange prior to the transformative events of October 1986. From their role in boosting market liquidity to their gradual decline, delve into the history and significance of jobbers in the financial landscape.
Deciphering the Role of Jobbers
Jobbers, often referred to as stockjobbers, played a crucial role as market makers on the London Stock Exchange, facilitating the buying and selling of securities and enhancing market liquidity. Explore the evolution of jobbers and their impact on the functioning of financial markets.
The Enigmatic Legacy of Jobbers
Despite their pivotal role, jobbers left behind scant records of their activities, contributing to the mystery surrounding their operations. Discover the challenges in documenting the history of jobbers and the enduring legacy they left in London's financial sector.
Evolution and Decline
Trace the evolution of the jobber system from its inception in the 19th century to its eventual decline in the face of regulatory changes and technological advancements. Examine the factors that led to the dwindling numbers of jobbing firms and the rise of institutional investors.