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gov.sg). Recovered 26 February 2017. As Wu Wei Neng (2012) notes: "17th century Amsterdam was the world's very first modern financial centre the town hall, Wisselbank, Beurs (stock market), Korenbeurs (commodities exchange), significant insurance coverage, brokerage and trading business lay within a couple of blocks of each other, along with coffee homes which acted as informal trading floors and exchanges that facilitated deal-making. Financial developments such as maritime insurance, retirement pensions, annuities, futures and alternatives, multinational securities listings, shared funds and contemporary financial investment banking had their genesis in 17th and 18th century Amsterdam." [] Sylla, Richard (2015 ). "Financial Development, Corporations, and Inequality". (BHC-EBHA Satisfying) Gelderblom, Oscar; Jonker, Joost (2004 commercial timesharing inc ) - What is a swap in finance.
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( Routledge, 2013, 0415716179) Sayle, Murray (5 April 2001). " Japan goes Dutch". 23 (7 ). pp. 37. Murray Sayle (2001 ): "The Netherlands United East Indies Company (Verenigde Oostindische Compagnie, or VOC), founded in 1602, was the world's very first international, joint-stock, minimal liability corporation as well as its first government-backed trading cartel. Our own East India Business, founded in 1600, remained a coffee-house clique until 1657, when it, too, began offering shares, not in private trips, however in the Business itself, by which time its Dutch rival was by far the greatest commercial enterprise the world had known." Phelan, Ben (7 January 2013).