Historic day as women get equal share at Exchange

WOMEN were admitted to the London Stock Exchange for the first time in the institution's 200 year history as 10 newly-elected lady members entered the Stock Exchange on March 26, 1973, the first working day since their election took place.

The decision to break a time-honoured tradition and introduce equality was announced on February 1, and ended years of campaigning by women in the financial sector.

Muriel Wood, a dedicated campaigner and newly-elected member, arrived with her husband, Walton.

Mrs Wood said: "There is a great deal of activity and bustle but it seems it is going on at a rather leisurely pace."

Susan Shaw said it was a breakthrough for women in finance which allowed them to forge contacts in the industry.

Although the admission was a major victory for the debate on sexual equality the next hurdle would be allowing women dealers on to the floor.

The admission of women was the latest development in the Stock Exchange's history which has been at times a bumpy ride.

The original concept of the London Stock Exchange was first bandied around in 1760 when 150 brokers set up a club to buy and sell shares.

Thirteen years later members voted to change the name and the Stock Exchange was born.