What does the cryptic crossword clue "Exchanging small place in East London (8)" mean?

The definition is "Exchanging". The wordplay uses a charade (building blocks). S (synonym="small") + WAPPING (synonym="place in East London – E1") = SWAPPING; definition: "Exchanging" The answer is SWAPPING.

Exchanging small place in East London (8)

Times Cryptic #28868 | 10 Across | 2024-03-19 flower

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