On March 26 1973, the London Stock Exchange admitted its first female members. This followed years of resistance, with London trailing behind other smaller exchanges around the UK.
That women had been excluded for so long was not only due to institutional misogyny. Research has shown how finance was imagined in sexist terms for centuries. And despite the extraordinary accomplishments of prominent female figures over the past 50 years, these biased beliefs persist to this day.
Long before stock exchanges existed, women were active investors and speculators. They navigated the bustling coffee shops of London’s Exchange Alley, where people met to trade stocks. They sometimes acted as intermediaries, managing the investments of others in return for commission. In other words, women were stockbrokers.