Baltic Exchange (building) Baltic Exchange (building) The Baltic Exchange was a building located at 24–28 St Mary Axe in London and occupied by Baltic Exchange Ltd, a provider of information on maritime transportation markets. A historic landmark, the Baltic Exchange building was architecturally known for its cathedral-like trading hall and its stained glass. It was destroyed in a bombing in 1992. The site is now occupied by "The Gherkin". The historic building was designed by Smith and Wimble and completed by George Trollope & Sons in 1903: it was subsequently listed as a Grade II* listed building. On 10 April 1992 at 9:20
30 St Mary Axe designed by Norman Foster and Arup Group. It was erected by Skanska; construction started in 2001. The building has become a recognisable feature of London, and it is one of the city's most widely recognised examples of contemporary architecture. The building stands on the former sites of the Baltic Exchange (24-28 St Mary Axe), which was the headquarters of a global marketplace for shipping freight contracts and also soft commodities, and the Chamber of Shipping (30-32 St Mary Axe). On 10 April 1992, the Provisional IRA detonated a bomb close to the Exchange, causing extensive damage to the historic building