Iain, Laurence’s band partner in Big Bang, sold tickets on the door. Xanadu ran successfully for around 5-6 months. It was only after Turnmills owner John Newman decided to promote Saturday evenings himself that Laurence was offered the alternative timeslot from 3.00 am onwards on Sunday mornings, after John had secured an all-night license from Islington Council. Turnmills was the first London venue to be offered such a license. Laurence accepted the challenge. Thus, Trade was born on October 29, 1990, and, as such, became the capital's first legal after-hours club.