![]() ![]() That the Netherlands, and Amsterdam in particular, grew into a world center of trade and capital in the 17th century is largely due to these two institutions. And there will be a Merchant’s Exchange, the Hendrick de Keyser Exchange, which will provide a regulated meeting place for merchants. Amsterdam will have an Exchange Bank, which will make handling stock market transactions much easier. ![]() So large, in fact, that in the early 17th century the municipal government in the capital saw reason to better facilitate trade. Although there is also a securities trade in Rotterdam in the 17th century, it takes on a large scale especially in Amsterdam. And with success, because the public’s willingness to invest is high. An early form of stock market capitalism emerges in the Netherlands, where it becomes common for companies and governments to appeal – albeit still on a limited scale – to the investing public. And domestic governments also soon discovered the stock market and placed loans there. The West-Indische Compagnie (WIC) followed the example of the VOC and became the second company to be listed on the stock exchange in 1623. It was preceded by a significant other innovation: the invention of the modern company, the limited liability company, by that same VOC. The initial public offering is not an isolated event. It was the first company to go public in 1602 and thus founded the first stock exchange: the Amsterdam Stock Exchange. ![]() The leading role in Dutch stock exchange history belongs to the Verenigde Oost-Indische Compagnie (VOC). Cradle of the stock market (from about 1600) In this spot, we walk through it in four major steps. Elsewhere on this site, this has been done on the basis of special moments. Over 400 years of Dutch stock market history can be told in a variety of ways. In the digital age of the 21st century, the Netherlands – number 133 in the world in terms of surface area – still ranks among the world’s top securities companies and boasts an extraordinarily rich stock market history. Since the 17th century, origins have proven to be a lead. This is also true of stock trading: both the stock market and the related idea of financing companies through the stock market are 17th-century Dutch discoveries. In the early 17th century, essential components of today’s Western economic model emerged in the Netherlands. The Netherlands has been characterized as the “first modern economy in the world”. A brief history of the Dutch stock exchange ![]()
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