the London Stock Exchange
🔊/ðə ˌlʌndən ˈstɒk ɪkstʃeɪndʒ/
🔊/ðə ˌlʌndən ˈstɑːk ɪkstʃeɪndʒ/
(abbreviation LSE)
an institution in London, established in the 18th century, which allows trading in stocks and shares (= parts of the total value of a company). Since 1986 trading has taken place using computers and phones, rather than in the offices of the Stock Exchange itself. see also New York Stock Exchange, Stock Exchange Automated Quotations