A "Topper" at a Discount House. He carries no brief case or files, a clue that might suggest that he was indeed a Partner or Senior Staff at Discount House, rather than a runner for a stock broker. ( Discount House primarily operated in the UK. They bought and sold discounts and/or negotiates bills of exchange or promissory notes. This is generally performed on a large scale with transactions that also include government bonds and treasury bills.) The "privileged" position of the Discount Houses vis a vis the Bank of England ended in 1996. Traditionally they never took notes of their meetings: they were supposed to remember the details. The wearing of top hats was abandoned during the mid to late 1980s.
STOCK EXCHANGE CITY OF LONDON A traditional runner wearing badge of office his TRADITIONAL TOP HAT. ENGLAND
A "Topper" at a Discount House. He carries no brief case or files, a clue that might suggest that he was indeed a Partner or Senior Staff at Discount House, rather than a runner for a stock broker. ( Discount House primarily operated in the UK. They bought and sold discounts and/or negotiates bills of exchange or promissory notes. This is generally performed on a large scale with transactions that also include government bonds and treasury bills.) The "privileged" position of the Discount Houses vis a vis the Bank of England ended in 1996. Traditionally they never took notes of their meetings: they were supposed to remember the details. The wearing of top hats was abandoned during the mid to late 1980s.

Filename: BRITAIN CITY OF LONDON STOCK EXCHANGE "RUNNER" WEARING TOP HAT 1980S PHOTOGRAPH 003.jpg
Source: Homer Sykes
Date: 29 Dec 2006
Location: London uk
Credit: HOMER SYKES
Copyright:
Model Release: No
Property Release: No
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Keywords:
  • Discount House
  • Topper
  • London
  • black
  • silk
  • top hat
  • City of London
  • OFFICE
  • WORKER
  • DRESS CODE
  • BRITAIN
  • ENGLAND
  • UK
  • BRITISH
  • ENGLISH
  • ARCHIVE STOCK
  • BRITISH SOCIETY
  • LONDON STOCK
  • 1980s
  • 80s
  • UPPER CLASS