The World's First Stock Exchange

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Omschrijving

The launch of the Dutch East India Company in 1602 initiated Amsterdams transformation from a regional market town into a dominant financial center. The Company introduced easily transferable shares, ...
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The launch of the Dutch East India Company in 1602 initiated Amsterdams transformation from a regional market town into a dominant financial center. The Company introduced easily transferable shares, and within days buyers had begun to trade them. Soon the public was engaging in a variety of complex transactions, including forwards, futures, options, and bear raids, and by 1680 the techniques deployed in the Amsterdam market were as sophisticated as any we practice today. Lodewijk Petrams eye-opening history demystifies financial instruments by linking todays products to yesterdays innovations, tying the markets operation to the behavior of individuals and the workings of the world around them. Traveling back to seventeenth-century Amsterdam, Petram visits the harbor and other places where merchants met to strike deals. He bears witness to the goings-on at a notarys office and sits in on the consequential proceedings of a courtroom. He describes in detail the main players, investors, shady characters, speculators, and domestic servants and other ordinary folk, who all played a role in the development of the market and its crises.
Uitgever John Wiley & Sons Ltd
Druk 1
ISBN/EAN 9780231163781
Auteur Petram, Lodewijk
Vakken economie en ondernemen

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