Flanked by Cornhill and Threadneedle Street, the Royal Exchange was founded in the 16th century by the merchant Thomas Gresham to act as a centre of commerce for the City of London. It was designed by William Tite and adheres to the original layout–consisting of a four-sided structure surrounding a central courtyard where merchants and tradesmen could do business. Traditionally, the steps of the Royal Exchange is the place where proclamations, like the dissolution of parliament, death or abdication of a monarch and confirmation of the next monarch's accession to the throne are read out.

- Image ID: RJR563
De Luan / Alamy Stock Photo
Image ID: RJR563
Flanked by Cornhill and Threadneedle Street, which converge at Bank junction in the heart of the City, the Royal Exchange in London was founded in the 16th century by the merchant Thomas Gresham to act as a centre of commerce for the City of London. It was designed by William Tite and adheres to the original layout–consisting of a four-sided structure surrounding a central courtyard where merchants and tradesmen could do business. Traditionally, the steps of the Royal Exchange is the place where proclamations, such as the dissolution of parliament, the death or abdication of a monarch and the confirmation of the next monarch's accession to the throne are read out by either a herald or a crier.
Location: Royal Exchange, Threadneedle Street, London, England