The phrase Big Bang, used in reference to the sudden deregulation of financial markets, was coined to describe measures, including abolition of fixed commission charges and of the distinction between stockjobbers and stockbrokers on the London Stock Exchangeand change from open-outcry to electronic, screen-based trading, enacted by the United Kingdom government in 1986. […] The effects of Big Bang were dramatic, with London’s place as a financial capital… Continue reading 1986-10-27: Big Bang Day