LRBA

During the 19th century, London developed as a thriving centre for the international trade in rice, just one of a vast number of goods and commodities originating from every corner of the globe. All the commercial activities associated with this trade were also present, with brokers playing an important role in providing information, expertise and industry standardisation... A large number of brokers, agents and sole traders sprang up, offering widely disparate standards of reliability and ethics. In 1869, a group of the larger, more established brokers came together to form the London Rice Brokers' Association, their aim being that all LRBA members should conduct their business with professionalism and in an ethical manner. The formation of the Association also facilitated the sharing of technical knowledge, the creation of standard contracts and the settlement of disputes through professional arbitration... This tradition has continued over the centuries and the knowledge..

Also known as: London Rice Brokers' Association

Primary location: Farnham United Kingdom