The Amsterdam Stock Exchange is often said to be the oldest in the world, because it was the first to trade the shares of a company continuously in a formal market. When the Dutch East India Company, the VOC, was founded in 1602 as the first publicly listed company, its shares were traded by brokers, first in the open air and then in a building. Speculators used futures, options and short-selling, as described in Joseph de la Vega's 1688 book Confusion of Confusions. The market declined with the Dutch economy in the eighteenth century but continued, and today it is part of the pan-European exchange Euronext.
Before and after
- 1699Construction of Drottningholm Palace
- 26 January 1699Treaty of Karlowitz
- from 17th century to 19th centuryAge of Enlightenment
- 17th centuryRise of ukiyo-e
- 17th centuryFounding of Amsterdam Stock Exchange
- 1700Founding of Brockton
- 17th centuryRakı
- 8 February 1700Birth of Daniel Bernoulli
- from 22 February 1700 to 10 September 1721Great Northern War
More in Society, economy & sport
- 18 April 1521Martin Luther defies the Emperor at the Diet of Worms
- 1559Founding of University of Geneva
- from 1602 to 1799Founding of Dutch East India Company
- 1668Founding of Sveriges Riksbank
- 22 January 1724Founding of Saint Petersburg State University
- 24 September 1724Founding of Euronext Paris
The era
This moment belongs to the Early modern world (1500 CE to 1760 CE), voyages, printing and new ideas.