LONDON STOCK EXCHANGE
COST OP MEMBERSHIP. Tim figures given in our columns of th<‘ prices al which seats on Wall Strct. I are. changing hands raise curiosity as to the cost of becoming a member of the London Stock Exchange- twrites “Peterborough” in the “Daily Telegraph”). If you or I wish to become a member of that body, we have first of all to obtain three sui eties for our financial slability. then to buy a nomination from a. retiring member, the cost of which has touched CJ.OI'O, but is now round about LGt'O. We should then have to purchase three Stock Exchange shares, which now stand at .C 235 each, against £135 last year. Einally, when elected, we should have to pay an en trance fee of 600 guineas and an annual subscription of JOO guineas. Such is Hie scale for Hie outsider wishing to become a member. There are various mod if lea I ions and reductions for those who have graduated as Stock Exchange clerks.
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Greymouth Evening Star, 9 September 1933, Page 3
Word Count
168LONDON STOCK EXCHANGE Greymouth Evening Star, 9 September 1933, Page 3
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