![]() ![]() ![]() Although this deal was rejected in parliament, leaving the single market is still a possibility. In November, Prime Minister Theresa May’s Brexit deal included taking Britain out of the single market and aligned with a hard Brexit. Only a year later and following a year after the referendum took place, it grew to over 900,000 euros. In 2016, Amsterdam’s market capitalisation was at over 800,000 euros. Just last year, the economic affairs ministry said 42 companies or branch offices had been convinced of relocation to the Netherlands – an effort to gain Brexit business. With Chicago’s Cboe Global Markets CBOE.O and the London Stock Exchange Group (LSE.L) relocating trading venues from London to Amsterdam, the city remains a key player in the battle for Brexit spoils. Several other financial innovations such as the world’s first publicly traded company and the first European option exchange also originated in the Dutch capital.ĭespite deserving, the major component establishing Amsterdam as the new EU financial hub is the possibility of Brexit. Home to the world’s oldest stock exchange, Amsterdam remains a key financial hub attracting those involved with global finance and trade. ![]() Located in the middle of the three biggest economies in Europe, Germany, the United Kingdom, and France, the Netherlands is perfectly situated to handle all the main European markets. Open-minded, independent and the gateway to Europe, Amsterdam might be the perfect location for financial institutions to flourish in a post-Brexit Europe. ![]() The new gateway to Europe: How is Amsterdam affected by Brexit?Īmsterdam is overlooked as a beneficiary of Brexit, as well as underestimated (well, not by the Dutch, of course). ![]()
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