Archive for September 18th, 2018

September 18, 2018

A train station, Atocha of Madrid!

I go to Madrid a lot, and lived there ,but public transport is not my forte. I rather take my car and then walk, last resort take the bus. Metro/subway is last before trains of course unless business trips required it. Me personally is not into train stations; yet for one reason or another over the years  I have tried my share.

However, Atocha in Madrid the idea behind this post ,never taken trains there, just visited even eaten inside by the garden but not taken trains; go figure it. I like to tell you a bit more about Atocha station in Madrid.

Atocha train station is one of the two terminus stations of the RENFE network in Madrid and the largest railway station in Spain. It is situated in the Atocha-Mediodía district, in the district of Arganzuela. It is at the same time a railway station of main lines ensuring the service of the south and west (Andalucia and Extremadura), East (Levant) and northeast (Aragon and Catalonia), especially the cities of Algeciras, Sevilla, Cordoba, Malaga, Zaragoza, Lleida, Barcelona and Valencia. It also serves as an international station (towards France), and as a suburban railway station (Cercanías trains), making the service of the southeast of the metropolitan area of Madrid.

Madrid

The building of the Atocha train station, built for the MZA Railway Company (Madrid – Zaragoza and Alicante), was inaugurated in 1851 under the name of Estacion del Mediodia (afternoon station). It was the first station in Madrid. A fire destroyed in large part of the structure, which was rebuilt in iron from 1888 to 1892. It is considered a masterpiece of 19C railway architecture. In 1992, it was added with a garden of 4 000 m² with 7 000 trees and plants, including large palm trees, in the old train hall. The station’s metal and glass structure covering the platforms made its easy to use it as a greenhouse with ponds. And the trees are about 260 different species from America, Asia, and Australia.

MAdrid

MAdrid

Madrid

It is connected to the station of Chamartin by the tunnel of the Risa (laugh) which was recently doubled by a new tunnel of the Risa II to ungorge the first which arrived at saturation. It crosses the center of Madrid and it is gap for the circulation of the commuter train of the capital. At Atocha is the arrival point of the high-speed trains (AVE) coming from Sevilla-Santa Justa, Malaga, Lleida, Barcelona ,Valencia and Alicante as well as from Toledo. The railway services are operated by the National company, RENFE but the management of the station as the   ticket sales is ensured by ADIF.

Madrid

The Renfe (national rail company of Spain) site in English is here: RENFE trains of Spain

The regulating authority of ADIF is here in English on Atocha: ADIF on Atocha Madrid

There are at the Puerta de Atocha platforms 1 to 15, numbered from left to right as you look towards the trains.Immediately on the east side of the 15 high-speed terminus platforms which constitute Puerta de Atocha, there are 10 through platforms one level below ground referred to as Atocha-Cercanías. Atocha-Cercanías platforms are numbered 1 to 10 from left to right as you look south. If you arrive in the Puerta de Atocha terminus platforms as all AVE trains ( high speed trains) and most other mainline trains do, you need to go up the escalators onto the arrivals footbridge then through the long arrivals passageway to the arrivals exit.There are luggage lockers (Consigna) in the northeast corner of the old trains , past the Burger king restaurant. Thedags are X-rayed just inside the entrance before being deposited. The main Sala Club at Madrid Atocha is open 05h15-21h30; Mondays-Saturdays, 06h-21h30 Saturdays & Sundays, with complimentary tea, coffee, snacks & beer as well as free WiFi. It is located inside the main high-speed train departures area on the first floor.Trains to and from Lisbon and northern Spain usually use Madrid Chamartin station in the north of the city.  The trains south to Sevilla, Granada, Malaga leave from Madrid Atocha station.  Metro line 1 links Atocha to Chamartin stations, but it’s easier and faster to transfer between stations by frequent suburban(Cercanias) train as this is just a handful of stops, just look for the orange and white ‘C’ logo.

Madrid

The station is serve by metro line 8 as well as buses 351,352, and 353, taxis available in bunches outside the station . The airport bus 200 as well as the Express airport bus 203 stops here.

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Madrid

Facing the main entrance of the station, a memorial commemorates the terrorist attacks of 11 March 2004. In a cylindrical and translucent form, it includes the names of the victims and the reproductions of texts deposited on the spot by passersby.

The tourist office of Madrid has more in English on Atocha station here: Tourist office of Madrid on Atocha

Hope you visited it, its unique in Madrid. And remember, happy travels, good health, and many cheers to all!!!

 

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September 18, 2018

Off the beaten paths of Madrid, AZCA!

And back at you with Madrid, well this is September , my birthday month and I am feeling nostalgic ::) The weather helps as sunny warm humid , and leaves fallen off the trees with shades of colors , Autumn is coming up.

I like to tell you about a place very known to me ,but seldom visit because it is off the Centro tourist center of Madrid; but a great place to get to know the other Madrid in off the beaten path zone. Let me tell you a bit about AZCA!

In my later life I came here many times because it is where the 1) hotel closest to Santiago Bernabeu stadium I stayed, 2) a huge dept store El Corte Inglés is near, 3) The Santiago Bernabeu Stadium of Real Madrid, my team ok, 4) the nearest point from Nuevo Ministerios metro stop coming for a long or quick stop from the airport, and 5) because it is home of MODA shopping center.

Now a bit about AZCA.

AZCA ,Mixed Association of compensation of the zone A of the commercial zone of the Avenue of the Generalissimo (current Paseo de la Castellana), or in Spanish Asociación Mixta de Compensación de la Manzana A de la Zona Comercial de la Avenida del Generalísimo is a financial and business district of Madrid . It is a rectangular superblock of 19 hectares of area composed of office buildings between the streets of Raimundo Fernandez Villaverde, Orense, General Perón and Paseo de la Castellana. Also, within the scope are the squares of Pablo Ruiz Picasso, Carlos Trías Beltrán and Manuel Gómez Moreno.  It has several tall buildings or towers such as Torre Picasso, Building of BBVA ,and the Torre Europa.  In it, there is a huge department store of the chain El Corte Inglés (see my post on them).

Its original conception ,and its name was approved in 1946; was finally won by architects in 1954 that were inspired by the Rockefeller Center New York. Their total and final approval did not occur until 1964. At the end of 1968 the urbanization of the area began, as well as the beginning of the construction of the first building on land belonging to the El Corte Inglés dept store. The last plot of land to be built was also of the El Corte Inglés in 2000.

The shape square or manzana like apple in Spanish of AZCA has a practically rectangular shape, with dimensions of approximately 618 x 305 meters and an area of almost 19 hectares; inside this area under the ground is a ring of circulation that communicates and facilitates the traffic of the streets around it.

Some of the buildings of note are;

Torre Picasso, 5th highest building in Madrid and 10th highest building in Spain. Torre Europa is the 7th tallest building in Madrid and houses offices of different companies.  The Castellana 81, under the building runs the tunnel of the railway, therefore, the entire structure supports two large pilasters of concrete on horseback on both sides. Torre Titania , the first six plants house the El Corte Inglés dept store and the rest is the headquarters of Ernst & Young Spain. It occupies the site of the Windsor building, destroyed after a fire in 2005.  The Mahou Tower, 17th highest in Madrid is the headquarters of Mutua Madrileña insurance company.

MAdrid

In the early 2010-16 there were some concerned about security here especially at night but lately security has been reinforce and new renovations of buildings have taken place.  The issue of insecurity, during the first quarter of 2016, 55 security cameras managed by the Municipal police were installed. The store Zara opened in April 2017 its largest store in Spain occupying 5000 m² in Castellana 79. Since  October 2014 has been celebrating a street food festival, Madreat, in the gardens of AZCA until 2016;now looking to see how the trucks can come here after the renovations, but nice to know about Food Trucks in Madrid here: http://www.madreat.org/

Parking Hotel Holiday InnBernabéu  at 5 minutes on foot from the Stadium Santiago Bernabéu (Real Madrid) and  7 minutes on foot from  AZCA . It has direct access to the hotel (my usual hotel for games when not staying with family) access pedestrian and vehicule by  Avenida del General Perón, 34. The hotel webpage: http://www.hotelmadridhi.com/en/index.html

MAdrid

The nearest metro station is Nuevos Ministerios line 8 that also connects to the airport, and Santiago Bernabéu  Line 10 (by the stadium of Real Madrid), and bus numbers 14, 27, 40, 43, 120, 147 and 150 will also take you here too.

Madrid

Some webpages to help you plan your trip here are

AZCA association for the enhancement of the place in Spanish

Tourist office of Madrid on AZCA complex

As it goes for shopping ,and we love it. We have come here ever since it was open in 1988.  The shopping mall Moda (en. fashion) is located in the area of modern Madrid, in the heart of AZCA, just between the emblematic buildings of Torre Picasso and Torre Europa very close to the Congress Palace and the Santiago Bernabeu Stadium.

MAdrid

This is very chic shopping with some big names in a grand modern building with many glass windows and a nice inner patio to unwind the walks in the city. The shopping is super; you can come into the mall by several street entrances such as Paseo de la Castellana,95, Calle Orense 22-24 in the Plaza Carlos Trias Bertràn, and Calle del General Péron, 38-40. The Plaza Carlos Trias Bertràn is the easier entrance to the Holiday Inn hotel above.

You have classic eateries here, we love the Biaci,Mallorca Cafe , and Casa Carmen. As stores well the Chocolate Factory, Juancho Lujans, and Via Venetto. Vale chicos/as.

The official webpage is here: Moda Shopping Mall at AZCA

Hope you enjoy this unusual post ::)

And remember, happy travels, good health, and many cheers to all!!!

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September 18, 2018

Some news from France CXCXI

Ok so this is any regular Tuesday on a sunny day warm and nice in my beautiful Morbihan 56 . I like to tell you about about some ideas for visiting my belle France and others. Also, I gather some strenght and will be back traveling starting this Friday ,first on business to the Americas; coming back and going out again to Barcelona, Spain. So stay tune.

For now  here are the latest from France.

First some glamour as in Paris, and Chanel.  At the Porte Aubervilliers (19éme). The roundabout overlooking the ring road, pose this past Monday night the first stone of the “Fashion Factory” of the prestigious house of Chanel. The building, which will come out  by the spring of 2020, between Paris and its neighbor of Seine-Saint-Denis dept 93 Aubervilliers is dedicated to the craft companies that work for the house Chanel. The 25 000 m2 of the future factory of the Porte Aubervilliers. In the long run, more than 600 artisans should work there. The news here: Chanel in Aubervilliers

And Chanel here: Official history of Chanel

Do you like the outdoors, not much into them but now out west more and more getting the knack of it. Here are some suggestions for your next visit.

Sled dog rides in Fontainebleau (77) petting huskies and being dragged by a pack of 12 wolf dogs we learn that huskies like to live in packs and need to spend time out, that feeding them costs 800€ per month. From 10 years olds; in the forest of Trois Pignons (three gables), in the forest area of Fontainebleau-la-Forêt (77). Every day at 8h30, 10h and noon, duration 1h30. Rate 40€  from 10 years,30€  for the youngest. Accessible to Disabled people. Reservations at tel +33 (0) 6.32.68.82.26. or on www.evasion-canine.fr

In Rambouillet until the beginning of October, you can hear the deer in the forests of Ile-de-France and Oise from 12 years old. At the Espace Rambouillet, route du coin du bois to Sonchamp (78). Until October 3rd. 36€ in the morning (6h30) or 41€ in the evening (18h30), including meals. Tel +33 (0) 1 34 83 05 00.  Reservations and information here: noises in the forest of Rambouillet

More at the Espace Rambouillet, after having climbed all to glimpse deer, wild boar and roe deer, after having taken for Tarzan on the Green Odyssey, we walk a little to the forest of Eagles. There, three times a day, is played a funny ballet orchestrated by a team of falconers who offer flying demonstrations in the sky particularly impressive. 30-minute show at 11H30., 15h30. and 17h30 p.m. on weekends, 11h., 14h. and 16h30 weekdays. Price: show included in the entrance to the Espace Rambouillet (from 8 to 15€). More here: At Rambouillet the Eagles will land

These sweetest animals , the Lamas really win you to be known and let themselves be tamed in the blink of an eye, even by the youngest children! No way to mount them, but simply to guide them with a lanyard. The complicity is in a matter of minutes. The 4 km walk back into the woods is very nice. Every day except Sundays. 2-hour course, package: 40€  for four persons.  By appointment at tel +33 (0) 6.13.63.44.83.  located at 1, source d’Eclimont Fontenette, Abbéville-la-Rivière (91). More here: The Lamas at Abbeville-la-Riviére

An attendance survey of the Parc Royal de Marly (78) is currently online on the site of the city.  At the end of the 17C, king Louis XIV had made the Domaine de Marly a pleasure residence dedicated to the holidays. At the time it welcomed a castle for the king ,destroyed in the 19C, and twelve pavilions reserved for his guests. Today remain as vestiges the water trough and the basins. More here City of Marly on the promenade

The Villa Viardot in Bougival (78) received Saturday morning a donation from the French lottery games (FDJ). The mansion occupied in the 19C by the most famous singer of her time, Pauline Viardot. The walls, the roof, everything that has sheltered the love story of Russian novelist Ivan Turgenev and Pauline Viardot, is indeed in a pitiful state. In the salons of the mansion, Daudt, Flaubert, Goncourt, Sand, Zola, Berlioz, Wagner or Saint-Saëns came to speak music, literature and even politics. The greatest European artists of the 19C have passed here. It is on its way to be renovated but more money is needed. More here: Tourist office of Bougival

Centre Européen de Musique de Bougival (CEM) or European Music Center of Bougival (CEM) a music pole of excellence with European influence on the lands of Georges Bizet, it will become a place entirely dedicated to the composer and Carmen , the most played opera in the world he had composed in this villa on the banks of the Seine river in 1874. The neighboring dacha of Ivan Turgenev, which hosts the museum of the Russian writer, is also associated with the project.   More here: Presentation of the idea in French CEM

The National Forest of Montmorency is a vast  Chesnut trees forest located only 20 km north of Paris. This forest  is a real asset for the territory: the largest forest of the Val-d’oise, It welcomes nearly 5 million visitors per year. Former Royal hunting forest, it stretches over a hilly area dotted with historical sights, ponds, lookouts, remarkable trees. To these natural and cultural riches are added to the north the magnificent landscapes of the valley of Chauvry. The forest of Montmorency is proposed in the classification in “Forest of protection “. It is in the Val-d’oise department 95, and includes the towns of Bouffémont, Domont, Piscop, Montmorency, Saint-Brice-sous-Foret, Montlignon, Saint-Leu-la-Foret, Saint-Prix, Béthemont-la-Foret, Chauvry, Taverny, and Aldilly. The altitude is between 94 and 195 meters with a surface of 1,970 hectares. Main species of trees here are  chestnut, 70%; oaks, 11%; precious hardwoods, 6%; beech, 2%; birch and other deciduous trees, 5%; resinous, 1%.More on the town of Saint Leu-la-Fôret webpage : Tourist office of Saint Leu o Montmorency

On July 16, 1804, Louis Bonaparte, brother of the future Napoleon I and future King of Holland, buys, together with his wife Hortense de Beauharnais, the two castles built at the beginning of the 17C and, after having demolished the upper castle, brings together the two parks in a vast and pleasant property of nearly 80 hectares. Very attached to Saint-Leu, Louis formed the wish to be buried in its Church. died in Italy on 25 July 1846, his body was brought back and buried solemnly in Saint-Leu on 27 September 1847 alongside his first two sons and his father Charles Bonaparte.

The city of Saint-Leu 95 (an Imperial City) is served by the line H, line connecting Paris-Gare du Nord to Valmondois. The RER line C is also accessible from the Franconville-Le Plessis-Bouchard and Montigny-Beauchamp train station. More on the city here: Tourism of Saint Leu on Napoléon

The houses of the artists in Paris or not far from Paris. All these writers, painters, sculptors, singers or even French architects who disappeared years ago, are still immortal today. We continue to discover their works, to admire their talent, to learn about their lives. And we can also visit the mansions of these famous artists, from the inside for some, from the outside for others, and even explore those transformed into a museum. Some of my favorites over the years have been:

Maison de Victor  Hugo : One of the most famous artist’s houses to visit in the center of Paris, on the second floor of the Hôtel de Rohan-Guéménée on the sublime Place des Vosges. Victor Hugo will stay there 16 years from 1832 to 1848. This house is now a monographic museum where you can admire its period furniture or its bed and discover new exhibitions regularly. 6, Place des Vosges. official maison Victor Hugo Paris

Maison de Balzac :Direction Passy, this time it is in the heart of the 16éme that the author of the human comedy lived almost 7 years. The Balzac Pavilion houses a museum dedicated to its life and a library of more than 23 000 monographs and periodicals, numerous documentary files and archival holdings. Some works from Balzac’s personal collection are also exhibited in the work cabinet. Located at 7, rue Raynouard. Now in renovation check site: official Maison de Balzac Paris

The Maison Le Corbusier (Roche):  We remain in the 16éme, where is the apartment-Atelier Le Corbusier on the 7th and 8th floors of the Molitor building, built by himself and his cousin Pierre Jeanneret. Le Corbusier will have lived there from 1934 to 1965. After a two-year restoration, the studio apartment, manifesting its architectural thought, has reopened its doors to the public since the end of August. Located at 10, Doctor-Blanche Square. Tourist office of Paris on Corbusier

The Maison d’Edith Piaf:  In the 16éme, Boulevard Lannes, not far from the Bois de Boulogne, the Môme(kid)last  lived  from 1953 to 1963  in an apartment at street level  with her companion Jacques Pills. This apartment has witnessed the parade of the greatest Parisian composers of the time. This is where Edith Piaf composed  non je ne regrette rien (no I don’t regret anything). Located at  67 bis, Boulevard Lannes Not a museum now private but here is a nice video on FT in French: Video on last home of Edith Piaf in Paris

Other on museum of Edith Piaf: Tourist office of Paris on Piaf

At Giverny, we can visit the charming colorful Maison de Claude Monet  where he painted his famous series Les Nymphéas. The flower gardens of this house make it more charming. Reading room, workshop lounge, kitchen, private apartments, the whole house is visited. 84, rue Claude Monet , 27620, Giverny. Official Maison Claude Monet

The Maison de Van Gogh:  Direction Auvers-sur-Oise, at the Auberge Ravoux, where the painter Vincent Van Gogh stayed a few months from May to July of 1890 in a modest room of 7 m2. It is in this room No. 5 that the painter will have ended his days. The suicide room  has remained intact since July 29, 1890, and has never been rented again, by superstition. Located at  52-56, rue du Général de Gaulle – 95430 Auvers-sur-Oise. Official maison de Van Gogh

The Maison de Gainsbourg :  The House of Gainsbourg still is not visited, but it is however a cult place of pilgrimage for the biggest fans of the singer of Bonnie and Clyde. It is rue Verneuil, in the 6éme, that one can admire these graffiti, drawings and other proofs of love made by many lovers of the French song that dress the facade of the house. Located at 5 bis, rue Verneuil  . the daughter Charlotte try to create a museum but still not. More on this article in French from Le Figaro: Le figaro on house of Gainsbourg

The Maison de Dalida  at Rue d’Orchampt (18éme) on the heights of Montmartre is a special 1900-style hotel that the singer Dalida bought in the 1960’s. She lived 25 years in this oasis of calm in the middle of the city. The view of all Paris is sublime and the wings of the Moulin Rouge are visible. The place Dalida is also not far from this house. Located at  11 bis, rue Orchampt . official maison de Dalida

The Maison de Brassens:  The Villa Santos-Dumont, hidden in a charming rural impasse covered with greenery of the 15éme, was the home of Georges Brassens from 1968 until his death in 1981. He wrote some of his most famous songs, such as the le Gorille (Gorilla), Le fossoyeur (Gravedigger)  and Margot. Located at  42, Villa Santos-Dumont. Gavroche private webpage on Brassens Paris

Musée Rodin: Now the flagship museum housing the most beautiful works of Auguste Rodin, it is in this sumptuous 18C mansion in the 7éme that lived the sculptor and his famous mistress Camille Claudel. The gardens of the house also host other major works. Located at 79, rue de Varenne. official Musée Rodin Paris

Musée Eugène Delacroix: The painter will have lived the last years of his life, between 1857 and 1863, in these apartments close to the Church of Saint-Sulpice. He is also responsible for painting one of the chapels of the Church. The apartment, the Delacroix workshop and the lush garden are to be visited in the 6éme arrondissement located at 6, rue de Furstenberg. official musée Delacroix Paris

Musée Gustave Moreau  : This is a building of the 9éme arrondissement transformed into a museum by the painter Gustave Moreau. It was in his lifetime, in 1903, that this mansion in the bourgeois interior and the Louis XVI decoration exhibited his works. The museum retains a total of about 14 000 works. Located at 14, rue de La Rochefoucauld. official Musée Gustave Moreau Paris

Musée Ary Scheffer : This French painter of Dutch origin considered one of the most representative artists of Romanticism lived in the heart of the Nouvelle Athénes, below the Butte Montmartre. On the edge of the garden courtyard, he had two workshops built, one to work, the other to perceive. Today we find the most refined collections at the Museum of Romantic life.  His museum is at 16  rue Chaptal. official musée de la vie romantique Ary Scheffer

Musée Bourdelle  The studio apartment of Antoine Bourdelle, French sculptor, was transformed into a museum. It is in the district of Montparnasse that we find the numerous works in bronze, marble and plaster of the painter, but also a part of his personal collections. He lived almost 45 years in this house. The painter will draw several projects of buildings, until imagining a museography, but the museum won’t be realized in his lifetime.  Located at  18, rue Antoine-Bourdelle (15éme). official musee Bourdelle Paris

And there you have another wonderful trip on my belle France and the most beautiful city in the world ,Paris. Hope you enjoy the ride, and I thank you for your loyal following.

And remember, happy travels, good health, and many cheers to all!!!

 

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September 18, 2018

How about the Stock Exchange of Madrid!

On a humid cool day up north, let me tell you another story of my beloved Madrid. This is not something you go just for tourism but it can be visited and well worth the educational trip.

I like to tell you about the Stock Exchange or Bolsa of Madrid. It is a building that when young I do not think about it, but as I grew older and invested, became very much interested in visiting. I remember in my late teens my school in NJ took me to visit the Wall Street stock exchange and it hit me. Therefore, later on my visits to Madrid, decided to pay a brief visit without any guides just walk around it. It has a nice history to it.

The Madrid Stock Exchange (Bolsa de Madrid) is the main stock market in Spain. It is based in the Palacio de la Bolsa. Its reference index is the General index of the Madrid Stock Exchange (IGBM). or Index General de la Bolsa de Madrid.

Madrid

A bit of history I like

13C: The Juros (promise debt to pay) were paper emissions of the State by which a debt was guaranteed, being these the first form of public debt. It was in Castilla where the first titles of values that were created were the so-called Royal Juros, a loan contracted by the Kings that granted to different personalities.

14C: The recruitment markets, the first created by king Jaime I of Aragon in Palma de Mallorca, in 1246, although it was not built until 1409. We still have some of these buildings such as the Lonja de Palma de Mallorca, Zaragoza, Valencia and Barcelona, not forgetting Casa Lonja in Sevilla, dependent on the Casa de Contratacion de las Indias (hiring house of the Indies) since 1503, the headquarters of the General Archive of the Indies (new world), which collects company documents related to the commercial monopoly that it maintained with the Hispanic possessions in America for more than two centuries. Since the 16C there were exchange brokers, Lonja, Royal vouchers (Vales Reales) or customs.

In the midst of the War of Independence Joseph Bonaparte was appointed King of Spain in 1808 by his brother Napoleon Ier. Joseph I Bonaparte in 1809  made the decision to establish the first stock exchange in Madrid, however, he did not get to started it.

In 1831, reigning king Fernando VII, passed the law that gave origin definitively to the Bolsa de Madrid: The Law of Creation and Organization of the Bolsa de Madrid. The stock exchange had been defined in article 64 of the 1829 trade code as:  “A place of meeting of merchants and mediators where the operations of the hiring of movable assets are conformed or fulfilled “.  It was promoted with the law the creation of a market similar to those existing in other countries, such as that of Paris created in (1734), London in (1804) or New York in (1817). In 1854 begins the publication of the Bulletin of contributions and during the Liberal period  the peseta (Spanish currency) will be born.

Madrid

On October 20, 1831, the institution of the Madrid Stock Exchange inaugurates its first session at the consulate of the Plaza del Ángel. The Bilbao Stock Exchange was inaugurated in 1890, the Barcelona Stock Exchange in 1915 and in 1930 the Valencia Stock Exchange was created. The hiring system is made in a lively voice,or a system of roll calling. In 1856 the Bank of Spain was born and in 1868, in addition to the Bank of Spain, nine banks or credit companies were listed in it, 17 railway companies and 34 mining and utility companies.

Madrid

In 1898 there is a great crisis and the trading decline as a result of the loss of Cuba, Puerto Rico and the Philippines, suffering the prices of stocks a fall of 20%. In 1900, there is a reborn strongly due to the repatriated capitals of Cuba and the Philippines. While in 1900,  61 companies were quoted in the first 20 years the number of companies quoted was multiplied up to 121 with special growth in electrical companies, some bank and industrial companies.

During ,WWI, the Madrid Stock Exchange remains open and the increase in trading and expansion continues. The beginning of the Spanish Civil War obliges to suspend all its activity until March 5, 1940, in which it opens its doors again. It was in December of that same year that the General index of the Madrid Stock Exchange (IGBM) was born. With base 100, it was set to zero every year. Of the 28 companies that formed part of the long index created with base 100 on December 31, 1940, only three survivors remain, excluding the companies integrated or merged in new groups: Banco Espanol de Credito (up to 2014 Banesto), Inmobilaria Metropolitana (real estate, its current name is Metrovacesa) and Telefónica.

In 1989 begins to operate the continuous market for stocks (CATS: Computer assisted trading System). In 1991 the figure of the investor Protector of the Madrid Stock Exchange will be created and the electronic system of fixed income trading will be launched. In 1992 the SCLV is launched, which is a new clearing and compensation service, which initiates the new liquidity system by annotation in account and in 1993 and all fixed income emissions become contracted by an electronic system. In 1995 CATS is replaced by the system of interconnection Spanish Stock Exchange (SIBE). Since January 1, 1999 the stock trading is carried out exclusively in euros and that same year the Latin American securities market will be launched in euros under the name of Latibex.

In 2002 the Madrid Stock Exchange will be integrated into the Spanish stock exchanges and markets group. The BME owns 100% of all Spanish stock exchanges, of the private and stock market of fixed income, of the platform of procurement of public debt (SENAF), of the derivative market (MEFF), as well as of the central depositary and the Chamber of Creation and Compensation of Values called Iberclear. On July 14, 2006, BME himself went on the market with a capitalization close to 25 billion euros.

A bit of a trajectory indeed for the Bolsa de Madrid.

Between 1831 and 1850 the Bolsa had six different venues. In the Plaza del Ángel, corner with Calle Carretas was for a year. In 1832 it moved very close, to a narrow courtyard of the Philippine Company House on Calle Carretas. In 1841 it passed to the cloister of the Convent of San Martín and in 1846 to the Church of the Convent of the nuns Bernardas  in Calle de  Alcalá, corner with Calle Peligros. In 1847 he moved to the Monastery de Los Basilios, in Calle Desengaño. In 1850 it passed, to the old customs building, in the Plazuela de la Leña. There, during the First republic a new building was built. Meanwhile, the Stock Exchange sessions were held at the theater and circus Paul, in the centric Calle del Barquillo. In July 1878 the construction of the present Palace of the Stock Exchange was approved in the Plaza de la Lealtad. The works began in January 1886; It was inaugurated on May 7, 1893 by the Regent Maria Cristina.

Some webpages to help your plan your trip here are

Tourist office of Madrid on the Bolsa

Private trade center firm with lots of history on the Stock Exchange or Bolsa in Spanish: https://esbolsa.com/blog/general/bolsa-de-madrid/

Official Bolsa or Stock Exchange of Madrid visiting rules

Hope you enjoy it, it is a nice place to do something different in Madrid or one old VT used to say off the beaten path!!

And remember, happy travels, good health, and many cheers to all!!!

 

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