THE LONDON Stock Exchange was opened by Bournemouth East MP Tobias Ellwood on Wednesday to mark the exchange's commitment to the armed forces.

The Ministry of Defence has announced the London Stock Exchange has given its support to the Armed Forces Covenant.

By signing the covenant, the London Stock Exchange commits to upholding its key principles, pledges to support reservists and create career pathways through the MOD’s Career Transition Partnership.

Mr Ellwood co-signed the agreement and was on hand to begin the day's trading in the capital.

Defence minister Mr Ellwood also spent two years on the London Stock Exchange as a senior business development manager.

“This signing is a significant step for the London Stock Exchange, which is set to be a strong advocate for the benefits of employing our talented Defence people in businesses across the UK," he said.

“These pledges will seek to open the door to new career pathways for veterans and provide flexibility for reservists - ensuring the Armed Forces community is not disadvantaged by their service and sacrifice for our country.”

To date the covenant has been signed by more than 1,800 organisations, including businesses and charities, all of which have set out their support for members of the armed forces community employed by them or accessing their products and services.