Named for the chains at each end of Simmonds Street which formerly closed the area to traffic.
1.in the phrase between the chains.
a. As an adverbial phrase: In the chained-off portion of Simmonds Street, Johannesburg (alluding to stock dealing).
1888 inStory of Jhb. Stock Exchange (Comm. of Jhb. Stock Exchange) (1948) 20One of the sights in the afternoon is that to be witnessed ‘between the chains’...It is between the chains, too, that the larger part of landed property for sale in the town is put up for auction.
1972Sunday Times 23 Apr. 4Another attraction was the Stock Exchange, known as ‘Between the Chains’ — the stretch of Simmonds Street between Market Street and Commissioner Street, which was cordoned off at both ends by chains and thus closed to vehicular traffic.
1990C. LaffeatyFar Forbidden Plains 28Because of the special chained-off portion in the street the Exchange is often spoken of as ‘Between the Chains’.
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