AMSTERDAM has overtaken London as Europe's top share trading hub, it was revealed today.<\/p>\n
The Netherlands' capital has scooped up many of those investors eager to keep their cash inside in the EU after Brexit.<\/p>\n
Although the shift isn't ideal publicity so soon after the transition period, analysts have long-predicted such a development as an inevitable reshuffle of European finances in the months following Brexit.<\/p>\n
And there is some optimism that Britain can actually capitalise itself, shaking up its own trading set-up and developing a more global outlook.<\/p>\n
Anish Puaar, market analyst at Rosenblatt Securities, told the Financial Times \u201cIt\u2019s symbolic in that London has lost its status as the home of EU share trading, but it has a chance to carve out its own niche on trading,\u201d <\/p>\n
\u201cFund managers will be more concerned with availability of liquidity and the costs of placing a trade, rather\u00a0than whether an order is executed in London or Amsterdam,\u201d Puaar added.<\/p>\n
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