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gov.sg). Retrieved 26 February 2017. As Wu Wei Neng (2012) notes: "17th century Amsterdam was the world's very first modern financial centre the city hall, Wisselbank, Beurs (stock market), Korenbeurs (products exchange), significant insurance coverage, brokerage and trading business were situated within a few blocks of each other, along with coffee houses which functioned as casual trading floorings and exchanges that facilitated deal-making. Financial innovations such as maritime insurance, retirement pensions, annuities, futures and alternatives, transnational securities listings, shared funds and contemporary investment banking had their genesis in 17th and 18th century Amsterdam." [] Sylla, Richard (2015 ). "Financial Advancement, Corporations, and Inequality". (BHC-EBHA Meeting) Gelderblom, Oscar; Jonker, Joost (2004 ) - How to finance an engagement ring.

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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 Business (Verenigde Oostindische Compagnie, or VOC), established in 1602, was the world's very first international, joint-stock, restricted liability corporation in addition to its very first government-backed trading cartel. Our own East India Business, founded in 1600, remained a coffee-house clique until 1657, when it, too, began selling shares, not in specific trips, however in the Company itself, by which time its Dutch competitor was without a doubt the biggest company the world had understood." Phelan, Ben (7 January 2013).