The phrase big bang, used in reference to the sudden deregulation of financial markets, was coined to describe the Thatchergovernment's1986 abolition of the distinction between stockjobbers and stockbrokers on the London Stock Exchange. Margaret Hilda Thatcher, Baroness Thatcher, LG, OM, PC, FRS (born 13 October 1925) was Prime Minister of the United Kingdom from 1979 to 1990. ... 1986 (MCMLXXXVI) was a common year starting on Wednesday of the Gregorian calendar. ... A stockbroker is a person who buys and sells stocks on behalf of another person (or company). ... The Source by Greyworld, in the new LSE building Paternoster Square. ...
The change in the rules of the London Stock Exchange occurred on 27 October 1986. The Big bang was so called because the abolition of fixed commission charges precipitated a complete alteration in the structure of the market. One of the biggest alterations to the market was the change from open-outcry to electronic, screen-based trading. The Source by Greyworld, in the new LSE building Paternoster Square. ...
Other reforms were enacted at the same time, and it was the aggregation of the measures plus the expected increase in market activity that led to the event being called the big bang.
Subsequent similar actions, such as the deregulation of the Japanese financial markets in 2001, have inevitably also been tagged with the phrase big bang.
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Effects of Japan's Financial Big Bang on Consumers
I'm at MR Rangaswami's big event, Software 2006, where Socialtext is selected as a showcase company.
Marketing and PR should not be in the hands of marketing and PR.
Adoption is not the big hurdle people think it is if you have a process to apply it to and invest some time in introducing it to users who can become evangelists.
Advertising Age, Jul. 14, 2006, 7:04 pm ET Some big Beltway names are launching a social-networking site with designs on becoming a major forum for opinion leaders—and stealing away ad money from Sunday political TV talk shows.
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New York Post, Jul. 14, 2006, 6:11 am ET Disney shares had their biggest decline in three years after being downgraded by CIBC World Markets, which cited slow growth in fiscal 2007 due to lower theme-park attendance and fewer syndicated shows.
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