The historic Los Angeles Stock Exchange Building, also called the Pacific Stock Exchange Building, is located in the Spring Street Financial District within the Historic Core in Los Angeles.
[1] The Moderne style building, located at 618 Spring Street in Downtown Los Angeles, was designed to be imposing with a 53 feet (16 m) high granite façade with what were said to be the area's largest bronze doors[1][2] and behind that a twelve-floor office tower.
[1][5][a] Three bas-reliefs entitled Research and Discovery, Production and Finance were designed by Salvatore Cartaino Scarpitta to portray the societal benefit of the stock exchange business, using symbols like the bear and bull that reflect the fall and rising markets in Finance.
[1] In 1988, the building was sold by the San Francisco Stock and Bond Exchange to William Dixon, John Wright, and the Empire Group for $2 million.
At the time, the Pacific Stock Exchange leased office space in the building and had a trading floor in another location in Los Angeles.
PAX America defaulted on settlements to reimburse the company that operated ExchangeLA for the cost of mandated improvements.