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.
RUNNER OFFICE WORKERS CITY OF LONDON FINANCIAL DISTRICT ENGLAND 198OS
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: STOCK EXCHANGE RUNNER WEARING TOP HAT LONDON 1980's .jpg
Source:
Date: 7 Jan 2010
Location: uk
Credit: HOMER SYKES
Copyright:
Model Release: No
Property Release: No
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Keywords:
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