It was expected. Brussels having demanded that European investors carry out their operations in the European Union, the City of London would automatically record a decline in share trading, after Brexit, in 2021. The question was to know which European place would benefit from it. Paris played French seduction, Frankfurt German efficiency…
It worked a bit, but it’s Amsterdam and Euronext, the operator of its stock exchange, which won the bet. In January, the volumes of transactions on shares reached 9.2 billion euros per day, in the Dutch market, against 8.6 billion for the British City. The London Stock Exchange remains superior in trading volume, but until when? The US operator ICE also announced this week that transactions on CO emissions permits2 – the promising market for new climate legislation – would also migrate to the capital of tulips.
Cool and cosmopolitan
It’s a ” fair “ return of things, note it Financial Times. The opportunity to recall that it was the Dutch merchants of the East India Company, always in search of money, who were the first to trade in 1602.
According to expat websites, Amsterdam is popular for its lifestyle: green, cool, cosmopolitan. “The rents are more modest there than in London and Paris, where it is difficult to make a family life, the salaries are good and part-time work is celebrated”, notes Paul Spitz, bicycle guide. A British employee of the German insurer Allianz, she hires “The nurseries. They are certainly expensive, but there are some, even for 3 month old babies, which I missed in Frankfurt. “
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