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The Bull Ring Rag Market was demolished as part of the development and a
multi-storey car park was constructed. In an inherently volatile sector like the hedge funds business,
risk management is a major part of the game. The point that must be
noted, however, is that like any investment platform,
stock trading too is not fool proof. The pig
market in Smithfield was moved to a new site on Montague Street in 1897 and the cattle market followed in 1898.
The vegetable market took over the market by 1900, however, a weekly and bi-weekly
second-hand market, known as the Rag Fair, was also held there
from before 1912 until 1957. Smithfield market declined due to the increasing popularity in the dead meat market.