It is named after Nicholas Throckmorton,[1] chief banker of England during the reign of Queen Elizabeth I and the head of an ancient Warwickshire family.

[citation needed] The London Stock Exchange occupied the southern side of Throgmorton Street from 1972 to 2004.

It was also once the location of the Austin Friars home of Thomas Cromwell, King Henry VIII's chief minister.

[citation needed] Throgmorton Avenue runs from Throgmorton Street to London Wall: it is a private road belonging to the Drapers' livery company and Carpenters' livery company with gates at each end; there is also pedestrian access from Copthall Avenue and Austin Friars.

The gates to London Wall are controlled by the Carpenters' Company and are open between about 7 am and 7 pm on working weekdays.