| Rival European capitals launched their own stock exchanges | |
|---|---|
| The securitization of the world was under way | As Richard McGill Murphy 2014 notes: "In 1602 the Dutch East India Company opened the world's first stock exchange in Amsterdam |
It's worth remembering the original Amsterdam Bourse because it established the template for the modern financial center, a physical place where finance professionals help companies access the capital they need to grow.
4.