Old Stock Exchange (Børsen) | Copenhagen

The Old Stock Exchange (known as Børsen in Danish) is a historic building in Copenhagen, Denmark, located at the heart of the city's financial district. It is one of the city's most iconic architectural landmarks and an important part of Copenhagen's history. The building's distinctive spire, shaped like a dragon's tail, and its location by the Canal make it a standout feature in the city’s skyline.

Overview

• Name: Old Stock Exchange (Børsen)
• Location: Slotsholmen, Copenhagen, Denmark
• Built: 1619–1640
• Architect: Christian IV, designed by Lorentz and Hans van Steenwinckel (father and son)
• Current Use: The building no longer serves as the stock exchange but is now used by various companies and is part of the Copenhagen Stock Exchange.

History

• The Old Stock Exchange was commissioned by King Christian IV in the early 17th century as a place for the Copenhagen Stock Exchange, which was to serve as the center of trade and financial dealings for Denmark.
• Construction began in 1619 and was completed in 1640, making it one of Copenhagen’s oldest and most significant architectural sites.
• The design of the building combines Renaissance and Dutch Baroque styles, reflecting the international influence of the time. It was an important center for trade, including the activities of the Danish East India Company during its heyday.

Architectural Features

The Spire:

• The most striking feature of the Old Stock Exchange is its spire, which is shaped like the tail of a dragon. This unusual design is a reference to Denmark’s medieval heritage, where dragons and serpents were often seen in symbols of strength and protection.
• The spire is covered in copper plates and stands about 56 meters (183 feet) tall. It was added in the early 17th century and remains one of Copenhagen’s iconic features today.

Facade:

• The building features a stone façade decorated with intricate details, including stone carvings, classical columns, and pilasters. The façade is a blend of Renaissance and Dutch Baroque styles, with symmetry and order being key design elements.

Interior:

• The interior of Børsen is equally impressive, featuring high vaulted ceilings and spacious rooms. However, access to the interior is generally restricted to private events or exhibitions.
• Over the years, the building has been modified to accommodate different uses, but many original features have been preserved, including its grand entrance hall and ornate woodwork.

Historical Significance

• Børsen served as the Copenhagen Stock Exchange until the late 19th century, playing a crucial role in the development of Denmark’s economy. It was particularly important during the time of the Danish East India Company, which was one of the world’s leading trade organizations in the 17th and 18th centuries.
• The building symbolizes Denmark’s wealth and prestige during the period of its construction, showcasing the country’s growing influence in global trade.
• The dragon’s tail spire has become an enduring symbol of Copenhagen’s architectural heritage and is one of the city's most photographed landmarks.

Current Use

• Today, Børsen no longer functions as a stock exchange. The building is primarily used for office spaces and serves as the headquarters for various companies and business organizations.
• It is also a popular venue for events, conferences, and exhibitions, attracting both locals and tourists interested in its historic and architectural significance.

Nearby Attractions

1. Christiansborg Palace: Located a short walk away, this palace is home to the Danish Parliament, the Prime Minister’s Office, and the Supreme Court. It also offers historical tours of the royal rooms.
2. National Museum of Denmark: Just a short distance from Børsen, this museum provides an extensive collection of Danish and world history, including artifacts from the Viking Age, Greek and Roman antiquities, and much more.
3. Nyhavn: A vibrant harbor district filled with colorful buildings, restaurants, and cafes, just a few minutes' walk from the Old Stock Exchange. It's a great place for sightseeing or relaxing by the water.
4. Amalienborg Palace: Home to the Danish royal family, this palace is an important historical site with an impressive sqaure and changing of the guard ceremony.

Fun Fact

• The dragon tail spire of the Old Stock Exchange is one of the most photographed and recognizable features of Copenhagen’s skyline. The dragon design was inspired by the Copenhagen city coat of arms, which includes a mythical dragon symbolizing strength and protection.

Visiting Tips

1. Photography:
   • The exterior of the Old Stock Exchange is an iconic spot for photography, especially the dragon tail spire and the grand entrance.
2. Public Access:
   • While the building is mostly used for office space and private events, some areas, like the courtyard, may be accessible to the public. Check for exhibitions or events held inside, as they may offer a chance to visit the interior.
3. Combine with Other Attractions:
   • Given its central location, the Old Stock Exchange can easily be combined with a visit to nearby attractions like Christiansborg Palace, the National Museum, and Nyhavn for a more comprehensive exploration of Copenhagen's historic heart.

The Old Stock Exchange (Børsen) is a must-visit for those interested in Copenhagen’s rich history and architectural beauty. Its distinctive design, rich history as a financial hub, and central location make it an important and memorable part of the city’s cultural landscape.