The Coal Exchange was a market floor for trading in coal, and is now a venue for staged events, in Cardiff, Wales as well as containing a number of offices. Coal Coal (IPA: ) is a fossil fuel extracted from the ground by coal mining, either underground mining or open-pit mining (surface mining). ... Cardiff (English: Welsh: ) is the capital, largest and core city of Wales. ... This article is about the country. ...
It was constructed between 1883 and 1886 as an impressive base from which to conduct trade negotiations regarding the coal mines of the South Wales Valleys - most of which was shipped to Cardiff for distribution. The building played an important role in the industrial Cardiff of the 19th century even to the extent that the first recorded million pound business deal ever was reportedly struck within its walls. 1883 (MDCCCLXXXIII) was a common year starting on Monday (see link for calendar). ... 1886 (MDCCCLXXXVI) is a common year starting on Friday (click on link to calendar) // Events January 18 - Modern field hockey is born with the formation of The Hockey Association in England. ... This article belongs in one or more categories. ... The South Wales Valleys are a number of industrialised valleys in South Wales. ... Cardiff (English: Welsh: ) is the capital, largest and core city of Wales. ... Cardiff (English: Welsh: ) is the capital, largest and core city of Wales. ...
The Coal Exchange is situated in Cardiff Bay, near The Point, Cardiff. Cardiff Bay Cardiff Bay (Welsh: Bae Caerdydd) is the regeneration area created by the Cardiff Barrage which impounded two rivers (Taff and Ely) to form a new freshwater lake around the former dockland area south of the city centre of Cardiff in south Wales // The Cardiff Bay Development Corporation was... The Point is a church-turned-popular music venue in Cardiff Bay, Cardiff, Wales. ...
Coal merchants used to chalk up the changing prices of coal on slates outside their offices or struck deals in the local public houses.
As Cardiff became the biggest coal port in the world it was thought necessary to have a building to do this so to the designs of Edwin Seward the CoalExchange was built between 1883 and 1886.
Following its opening, coal owners, ship owners and their agents met daily on the floor of the trading hall where agreements were made by word of mouth and where the novelty, the telephone was available.
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