Amsterdam replaces London as Europe's top share trading hub
By TPN/Lusa, in Business, Europe · 12-02-2021 18:00:00 · 0 Comments
About 9.2 billion euros worth of shares were traded on Amsterdam exchanges each day, against 8.6 billion euros in London
Amsterdam ousted London as the largest financial trading centre in Europe last month as Brexit-related changes to finance rules came into force. About 9.2 billion euros worth of shares were traded on Amsterdam exchanges each day, against 8.6 billion euros in London. Following new Brexit rules, EU-based banks wanting to buy European shares currently cannot trade via London, meaning substantial losses of fees for City firms.