Date in year · 1986 · The 1980s

October 27, 1986

On October 27, 1986, the British government suddenly deregulates financial markets, leading to a total restructuring of the way in which they operate in the country, in an event now referred to as the Big Bang. The year's #1 song was "That's What Friends Are For" by Dionne and Friends (Dionne Warwick, Gladys Knight, Elton John and Stevie Wonder). Nikolaos Kourtidis, Hillary Scott, Olivia Borlée would arrive in the same year.

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Year

1986

1980s

Featured · October 27, 1986

The British government suddenly deregulates financial markets, leading to a total restructuring of the way in which they operate in the country, in an event now referred to as the Big Bang.

The phrase Big Bang, used in reference to the sudden deregulation of financial markets, was coined to describe measures, including abolition of fixed commission charges and of the distinction between stockjobbers and stockbrokers on the London Stock Exchange and change from open outcry to screen-based electronic trading, effected by UK Prime Minister Margaret Thatcher in 1986.

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Around 1986

The year in brief

1986 (MCMLXXXVI) was a common year starting on Wednesday of the Gregorian calendar, the 1986th year of the Common Era (CE) and Anno Domini (AD) designations, the 986th year of the 2nd millennium, the 86th year of the 20th century, and the 7th year of the 1980s decade.

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What happened

On October 27, 1986

  1. 1986 The British government suddenly deregulates financial markets, leading to a total restructuring of the way in which they operate in the country, in an event now referred to as the Big Bang.

    Drastic changes affecting the London Stock Exchange and implemented on 27 October 1986

    The phrase Big Bang, used in reference to the sudden deregulation of financial markets, was coined to describe measures, including abolition of fixed commission charges and of the distinction between stockjobbers and stockbrokers on the London Stock Exchange and change from open outcry to screen-based electronic trading, effected by UK Prime Minister Margaret Thatcher in 1986.

Arrivals

Born on October 27, 1986

Chris Butler 1986– American ice hockey player (born 1986)
Anna Cruz 1986– Spanish basketball player (born 1986)
Christine Evangelista 1986– American actress
Crystal Langhorne 1986– American basketball player (born 1986)
Jon Niese 1986– American baseball player (born 1986)
Matty Pattison 1986– South African former soccer player
David Warner 1986– Australian international cricketer (born 1986)
Lou Williams 1986– American basketball player (born 1986)

Elsewhere that year

Other moments from 1986

The class of 1986

Others born in 1986

Nikolaos Kourtidis 1986– Greek weightlifter
Hillary Scott 1986– American country singer-songwriter
Olivia Borlée 1986– Belgian sprinter
Fernando Gago 1986– Argentine footballer and manager
Corey Kluber 1986– American baseball pitcher
Vincent Kompany 1986– Belgian footballer and manager

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The year 1986 1986 retrospective Every october 27 The calendar date One year earlier 1985

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The full year 1986 Every october 27, through history October 27 One year earlier 1985