Which neoclassical building in London is the Royal Exchange?

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The neoclassical building in London is the Royal Exchange.

The Royal Exchange occupies a historic site at Bank Junction in the City of London. Merchant Sir Thomas Gresham founded the first exchange there, which Queen Elizabeth I opened in 1571 and granted its “royal” title. It was created as a dedicated place for merchants to trade goods and conduct business.

The present building is the third on the site. Sir William Tite designed it after the previous exchange burned in 1838, and Queen Victoria opened it on 28 October 1844. Its grand portico, Corinthian columns, pediment sculpture and courtyard reflect the classical ideals of neoclassical architecture.

A common mix-up is confusing the Royal Exchange with the nearby Bank of England, Mansion House or Guildhall. The exchange was historically a commercial marketplace, while the Bank of England served as a financial institution. Today, the Royal Exchange contains shops, restaurants and offices, but its ceremonial steps remain associated with royal proclamations.

Source: Wikipedia · fact-checked Sept. 2026

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