What Is the Amsterdam Stock Exchange?

The Amsterdam Stock Exchange, located in Amsterdam, the Netherlands, was founded in the early seventeenth century. It is the world's first stock exchange based on financial stocks.

Amsterdam Stock Exchange

The Amsterdam Stock Exchange (AEX) in the Netherlands in 1609

So why do Dutch people trust the East India Company and are willing to give money to it? Not only because the Dutch government is also a shareholder of the company, but also because the Dutch have a tradition and culture of integrity. Historically, there are examples of Dutch shipbuilders who would rather starve to death and sacrifice several lives without using customers' food and medicine.

It can be said that the Dutch are the creators of the modern commodity economic system. They organically unified banks, stock exchanges, credit, and limited liability companies into an interconnected financial and commercial system.

The Dutch have long recognized that the role of the stock market is mainly:

(1) Raising production funds;

(2) Optimize resource allocation;

(3) Attract the public to participate in the management of the public and promote the reform of state-owned enterprises;

(4) Short-term long-term risks and decentralization of centralized risks are conducive to the aggregation of short-term funds scattered by people across the country into concentrated, long-term huge funds.