Venue: Trade
Town: London, GB

Trade was a culturally important gay club night held at Turnmills in London founded in 1990 by Laurence Malice. Trade originated as an underground club night beneath Turnmills pub in Clerkenwell Road. Trade was the second nightclub Laurence had run at Turnmills; his first was Xanadu, which he co-hosted with the club promoter Robert Pereno. Laurence was a member of the electronic music duo Big Bang when he opened Trade. The history of Trade is inextricably linked with the evolution of Turnmills as a club venue. Xanadu opened in early-1990 and ran on Saturday evenings from 10.00 pm to 2.30 am. 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 licence from Islington Council. Turnmills was the first London venue to be offered such a licence. Laurence accepted the challenge. Thus, Trade was born on 29 October 1990, and, as such, became the capital's first legal after-hours club. Initially, the club room beneath Turnmills pub was sparse with little or no décor. The space was dark, and a little unsavoury. Pushed into one corner was a beat up old grand piano. In later interviews, Laurence recalled, ‘Trade had been running on an underground tip for the first few months’ Three or four months into the residency, and still finding it difficult to pull in customers, Laurence took decisive action. ‘I invited Tim Stabler to co-promote it with me and oversee the décor in the club.’ At the time, other clubs such as Heaven, G-A-Y and The Fridge closed at around 2 am to 3 am on Sunday mornings, an hour or so before Trade opened at 3 am. It took a while for clubbers to cotton on to the fact that they were able to go straight on to Trade to continue clubbing all night after the other clubs had closed. Once