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Brexit effect: Amsterdam topples London as Europe's share-trading hub

The City of London had long warned of the consequences of leaving the EU single market without adequate provisions for trade in services

Amsterdam stock exchange
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An overview of the Amsterdam stock exchange

Reuters London
Amsterdam has displaced London as Europe’s biggest share trading centre after Britain left the European Union’s single market, and picked up a chunk of UK derivatives business along the way, according to data published on Thursday.
 
Stock exchanges in the Dutch capital traded 9.2 billion euros ($11.15 billion) a day in January, compared to London’s 8.6 billion, according to the Cboe exchange, which operates in both cities.
 
This compares with an average of 17.5 billion euros traded daily in London during 2020, when Frankfurt was second with 5.9 billion and Amsterdam sixth at 2.6 billion, Cboe said.