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OTD: March 26th

26th March 2019 @ 6:06am – by Webteam
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On 26th March 1973 the London Stock Exchange first admitted women.

As reported by the BBC at the time:

Women have been admitted to the London Stock Exchange for the first time in the institution's 200 year history.

Ten newly elected lady members entered the Stock Exchange today on the first working day since their election took place.

The decision to break a time-honoured tradition and introduce equality was announced on 1 February and ended years of campaigning by women in the financial sector.

Muriel Wood, a dedicated campaigner and newly elected member, arrived with her husband Walton, both of Sternberg, Flower.

Mrs Wood said: "There is a great deal of activity and bustle but it seems it is going on at a rather leisurely pace."

Susan Shaw said it was a breakthrough for women in finance which allowed them to forge contacts in the industry.

Bumpy ride

Although today's admission is a major victory for the debate on sexual equality the next hurdle will be allowing women dealers on to the floor.

Bookies have placed long odds – 10 to one – against this taking place in the foreseeable future.

Mr Wood said he thought it would take "a little time" before that decision was taken.

The admission of women today is the latest development in the Stock Exchange's history which has been at times a bumpy ride.

The media at the time described the London Stock Exchange as the "last bastion of misogyny" and the admission of women was a major step forward in modernising it.

But it was another 28 years before a woman landed one of the most senior posts at the London Stock Exchange.

In 2001, Clara Furse took over as chief executive, a post created 27 years earlier.


This article is from our news archive. As a result pictures or videos originally associated with it may have been removed and some of the content may no longer be accurate or relevant.

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