Misplaced Pages

#641358

97-524: The first station Delftsche Poort opened in 1847 completing the railway line between Amsterdam and Rotterdam . The station was designed by Frederik Willem Conrad . The second station Delftsche Poort opened in 1877 connection the Rotterdam with Dordrecht . This station was located slightly north-west to the former station. 51°55′31″N 4°28′25″E  /  51.9253°N 4.47361°E  / 51.9253; 4.47361 This article about

194-526: A Dutch railway station is a stub . You can help Misplaced Pages by expanding it . Amsterdam Amsterdam ( / ˈ æ m s t ər d æ m / AM -stər-dam , UK also / ˌ æ m s t ər ˈ d æ m / AM -stər- DAM , Dutch: [ˌɑmstərˈdɑm] ; lit.   ' Dam in the Amstel ' ) is the capital and most populated city of the Netherlands . It has

291-479: A city thought to be overwhelmed by the tourist influx. Construction of a new metro line connecting the part of the city north of the IJ to its southern part was started in 2003. The project was controversial because its cost had exceeded its budget by a factor of three by 2008, because of fears of damage to buildings in the centre, and because construction had to be halted and restarted multiple times. The new metro line

388-726: A defense of Catholicism during the Protestant Reformation. The main reasons for the uprising were the imposition of new taxes, the tenth penny, and the religious persecution of Protestants by the newly introduced Inquisition . The revolt escalated into the Eighty Years' War , which ultimately led to Dutch independence. Strongly pushed by Dutch Revolt leader William the Silent , the Dutch Republic became known for its relative religious tolerance. Jews from

485-609: A flood in 1916, the depleted municipalities of Durgerdam, Holysloot, Zunderdorp and Schellingwoude , all lying north of Amsterdam, were, at their own request, annexed to the city. Between the wars, the city continued to expand, most notably to the west of the Jordaan district in the Frederik Hendrikbuurt and surrounding neighbourhoods. Nazi Germany invaded the Netherlands on 10 May 1940 and took control of

582-675: A fraction of the total expense of the voyage. The system of privatizing national expeditions was not new to Europe, but the fixed stock structure of the East India Company made it one of a kind. In the decade preceding the formation of the VOC, adventurous Dutch merchants had used a similar method of "private partnership" to finance expensive voyages to the East Indies for their personal gain. The ambitious merchants pooled money together to create shipping partnerships for exploration of

679-602: A full-service bank for Dutch merchant bankers and as a reserve bank. From the 17th century onwards, Amsterdam also became involved in the Atlantic slave trade . The city was a major destination port for Dutch slave ships participating in the triangular trade , which lasted until the United Netherlands abolished the Netherlands' involvement in the trade in 1814 at the request of the British government . Amsterdam

776-492: A granite grinding stone (2700–2750 BC), but the location of these artefacts around the river banks of the Amstel probably point to a presence of a modest semi-permanent or seasonal settlement. Until water issues were controlled, a permanent settlement would not have been possible, since the river mouth and the banks of the Amstel in this period in time were too wet for permanent habitation. The origins of Amsterdam are linked to

873-660: A new building for the exchange near the Dam/Damrak. It opened in 1845 and was designed as a Greek temple with columns in front. Between 1896 and 1903 the large red brick Beurs van Berlage on the Damrak was constructed. It became the building of the Amsterdam exchanges in 1903. Today it serves as a venue for concerts, exhibitions and conferences. In 1914 the stock exchange moved to a new building in Beursplain 5, next to

970-605: A number of hot and humid days with occasional rain every month. The average daily high in August is 22.1 °C (72 °F), and 30 °C (86 °F) or higher is only measured on average on 2.5 days, placing Amsterdam in AHS Heat Zone 2. The record extremes range from −19.7 °C (−3.5 °F) to 36.3 °C (97.3 °F). Days with more than 1 mm (0.04 in) of precipitation are common, on average 133 days per year. Amsterdam's average annual precipitation

1067-590: A population of 921,402 within the city proper, 1,457,018 in the urban area and 2,480,394 in the metropolitan area . Located in the Dutch province of North Holland , Amsterdam is colloquially referred to as the " Venice of the North ", for its large number of canals , now a UNESCO World Heritage Site . Amsterdam was founded at the mouth of the Amstel River, which was dammed to control flooding. Originally

SECTION 10

#1732802012642

1164-523: A small fishing village in the 12th century, Amsterdam became a major world port during the Dutch Golden Age of the 17th century, when the Netherlands was an economic powerhouse. Amsterdam was the leading centre for finance and trade, as well as a hub of secular art production. In the 19th and 20th centuries, the city expanded and new neighborhoods and suburbs were built. The city has a long tradition of openness, liberalism, and tolerance. Cycling

1261-556: A strong influence on the 'Amsterdam dialect' adding a large Yiddish local vocabulary. Despite an absence of an official Jewish ghetto , most Jews preferred to live in the eastern part, which used to be the centre of medieval Amsterdam. The main street of this Jewish neighbourhood was Jodenbreestraat. The neighbourhood comprised the Waterlooplein and the Nieuwmarkt . Buildings in this neighbourhood fell into disrepair after

1358-654: A top tech hub in 2019. The Port of Amsterdam is the fifth largest in Europe. The KLM hub and Amsterdam's main airport, Schiphol , is the busiest airport in the Netherlands , third in Europe , and 11th in the world . The Dutch capital is one of the most multicultural cities in the world, with about 180 nationalities represented. Immigration and ethnic segregation in Amsterdam is a current issue. Amsterdam's notable residents throughout its history include painters Rembrandt and Vincent van Gogh , 17th-century philosophers Baruch Spinoza , John Locke , René Descartes , and

1455-892: A very early date in Venice, in Florence before 1328, and in Genoa, where there was an active market in the luoghi and paghe of Casa di San Giorgio, not to mention the Kuxen shares in the German mines which were quoted as early as the fifteenth century at the Leipzig fairs, the Spanish juros, the French rentes sur l'Hotel de Ville (municipal stocks) (1522) or the stock market in the Hanseatic towns from

1552-516: Is 838 mm (33 in). A large part of this precipitation falls as light rain or brief showers. Cloudy and damp days are common during the cooler months of October through March. In 1300, Amsterdam's population was around 1,000 people. While many towns in Holland experienced population decline during the 15th and 16th centuries, Amsterdam's population grew, mainly due to the rise of the profitable Baltic maritime trade especially in grain after

1649-649: Is considered its Golden Age , during which it became the wealthiest city in the Western world. Ships sailed from Amsterdam to the Baltic Sea , the Caribbean, North America, and Africa, as well as present-day Indonesia , India, Sri Lanka , and Brazil , forming the basis of a worldwide trading network. Amsterdam's merchants had the largest share in both the Dutch East India Company (VOC) and

1746-642: Is in the southwest. Amsterdam is connected to the North Sea through the long North Sea Canal . Amsterdam is intensely urbanised, as is the Amsterdam metropolitan area surrounding the city. Comprising 219.4 km (84.7 sq mi) of land, the city proper has 4,457 inhabitants per km and 2,275 houses per km . Parks and nature reserves make up 12% of Amsterdam's land area. Amsterdam has more than 100 km (60 mi) of canals , most of which are navigable by boat. The city's three main canals are

1843-717: Is key to the city's modern character, and there are numerous biking paths and lanes spread throughout. Amsterdam's main attractions include its historic canals ; the Rijksmuseum , the state museum with Dutch Golden Age art; the Van Gogh Museum ; the Dam Square , where the Royal Palace of Amsterdam and former city hall are located; the Amsterdam Museum ; Stedelijk Museum , with modern art;

1940-511: Is located in the Western Netherlands, in the province of North Holland , the capital of which is not Amsterdam, but rather Haarlem . The river Amstel ends in the city centre and connects to a large number of canals that eventually terminate in the IJ . Amsterdam's elevation is about −2 m (−6.6 ft) below sea level . The surrounding land is flat as it is formed of large polders . An artificial forest, Amsterdamse Bos ,

2037-684: The Concertgebouw concert hall; the Anne Frank House ; the Scheepvaartmuseum , the Natura Artis Magistra ; Hortus Botanicus , NEMO , the red-light district and cannabis coffee shops . The city is known for its nightlife and festival activity, with several nightclubs among the world's most famous. Its artistic heritage, canals and narrow canal houses with gabled façades , well-preserved legacies of

SECTION 20

#1732802012642

2134-627: The Concertgebouw were built; At the same time, the Industrial Revolution reached the city. The Amsterdam–Rhine Canal was dug to give Amsterdam a direct connection to the Rhine , and the North Sea Canal was dug to give the port a shorter connection to the North Sea . Both projects dramatically improved commerce with the rest of Europe and the world. In 1906, Joseph Conrad gave a brief description of Amsterdam as seen from

2231-623: The Amsterdam Stock Exchange ( Dutch : Amsterdamse effectenbeurs ), it merged on 22 September 2000 with the Brussels Stock Exchange and the Paris Stock Exchange to form Euronext . The registered office of Euronext, itself incorporated in the Netherlands a public limited company ( naamloze vennootschap ), is also located in the exchange. The Amsterdam stock exchange is considered

2328-577: The Dutch East Indies in the 1940s and 1950s. In the 1960s guest workers from Turkey, Morocco, Italy, and Spain immigrated to Amsterdam. After the independence of Suriname in 1975, a large wave of Surinamese settled in Amsterdam, mostly in the Bijlmer area. Other immigrants, including refugees asylum seekers and undocumented immigrants , came from Europe, the Americas, Asia and Africa. In

2425-474: The Dutch Republic , which itself was a much smaller state than Great Britain, France or the Ottoman Empire . In contrast to those other metropolises, Amsterdam was also surrounded by large towns such as Leiden (about 67,000), Rotterdam (45,000), Haarlem (38,000) and Utrecht (30,000). The city's population declined in the early 19th century, dipping under 200,000 in 1820. By the second half of

2522-593: The Dutch West India Company . These companies acquired overseas possessions that later became Dutch colonies . Amsterdam was Europe's most important hub for the shipment of goods and was the leading financial centre of the Western world. In 1602, the Amsterdam office of the Dutch East India Company became the world's first stock exchange by trading in its own shares. The Bank of Amsterdam started operations in 1609, acting as

2619-688: The Edict of Fontainebleau in 1685, while the Flemish Protestants came during the Eighty Years' War against Catholic Spain. The Westphalians came to Amsterdam mostly for economic reasons; their influx continued through the 18th and 19th centuries. Before the Second World War, 10% of the city population was Jewish . Just twenty percent of them survived the Holocaust . Amsterdam experienced an influx of religions and cultures after

2716-664: The Iberian Peninsula , Protestant Huguenots from France, prosperous merchants and printers from Flanders , and economic and religious refugees from the Spanish-controlled parts of the Low Countries found safety in Amsterdam. The influx of Flemish printers and the city's intellectual tolerance made Amsterdam a centre for the European free press . During the 17th century, Amsterdam experienced what

2813-766: The North Sea to the west, with prevailing westerly winds. Amsterdam, as well as most of the North Holland province, lies in USDA Hardiness zone 8b. Frosts mainly occur during spells of easterly or northeasterly winds from the inner European continent. Even then, because Amsterdam is surrounded on three sides by large bodies of water, as well as having a significant heat-island effect , nights rarely fall below −5 °C (23 °F), while it could easily be −12 °C (10 °F) in Hilversum , 25 km (16 mi) southeast. Summers are moderately warm with

2910-792: The Prinsengracht , the Herengracht and the Keizersgracht . In the Middle Ages , Amsterdam was surrounded by a moat, called the Singel , which now forms the innermost ring in the city, and gives the city centre a horseshoe shape. The city is also served by a seaport . It has been compared with Venice , due to its division into about 90 islands, which are linked by more than 1,200 bridges. Amsterdam has an oceanic climate ( Köppen : Cfb ) strongly influenced by its proximity to

3007-497: The UNESCO World Heritage List . In the 21st century, the Amsterdam city centre has attracted large numbers of tourists: between 2012 and 2015, the annual number of visitors rose from 10 to 17 million. Real estate prices have surged, and local shops are making way for tourist-oriented ones, making the centre unaffordable for the city's inhabitants. These developments have evoked comparisons with Venice ,

Rotterdam Delftsche Poort railway station - Misplaced Pages Continue

3104-555: The count of Holland . A major turning point in the development of the Amstel river mouth was the All Saint's Flood of 1170 . In an extremely short period of time, the shallow river IJ turned into a wide estuary, which from then on offered the Amstel an open connection to the Zuiderzee , IJssel and waterways further afield. This made the water flow of the Amstel more active, so excess water could be drained better. With drier banks,

3201-562: The social housing projects in Amsterdam-West and the Bijlmer. Today, people of non-Western origin make up approximately one-fifth of the population of Amsterdam, and more than 30% of the city's children. A slight majority of the residents of Amsterdam have at least one parent who was born outside the country. However, a much larger majority has at least one parent who was born inside the country (intercultural marriages are common in

3298-478: The "capital book". The official account, held by the East India House, encouraged investors to trade and gave rise to market confidence that the shares weren't just being transferred on paper. Thus, speculative trading immediately ensued and the Amsterdam securities market was born. A big acceleration in the turnover rate came in 1623, after the 21-year liquidation period for the VOC ended. The terms of

3395-499: The 17th century, investors increasingly sought experienced brokers to seek information about a potential counterparty. The European Options Exchange (EOE) was founded in 1978 in Amsterdam as a futures and options exchange. In 1983, it started a stock market index , called the EOE index, consisting of the 25 largest companies that trade on the stock exchange. Forward contracts , options, and other sophisticated instruments were traded on

3492-527: The 1970s and 1980s, many 'old' Amsterdammers moved to 'new' cities like Almere and Purmerend , prompted by the third Land-use planning bill of the Dutch Government. This bill promoted suburbanization and arranged for new developments in so-called "groeikernen", literally cores of growth . Young professionals and artists moved into neighborhoods De Pijp and the Jordaan abandoned by these Amsterdammers. The non-Western immigrants settled mostly in

3589-422: The 19th century, industrialization spurred renewed growth. Amsterdam's population hit an all-time high of 872,000 in 1959, before declining in the following decades due to government-sponsored suburbanisation to so-called groeikernen (growth centres) such as Purmerend and Almere . Between 1970 and 1980, Amsterdam experienced a sharp population decline, peaking at a net loss of 25,000 people in 1973. By 1985

3686-531: The Amsterdam East India House alone, 1,143 investors subscribed for over ƒ3,679,915 or €100 million in today's money. Widely considered to be the first modern stock market. However, there were limited markets for something similar to shares in Venice, Florence, Genoa, Germany, or Spain several centuries earlier. "It is not quite accurate to call [Amsterdam] the first stock market, as people often do. State loan stocks had been negotiable at

3783-554: The Amsterdam Stock Exchange well before this. In 1997, the Amsterdam Stock Exchange and the EOE merged, and its blue chip index was renamed AEX , for "Amsterdam EXchange". It is now managed by Euronext Amsterdam. On 3 October 2011, Princess Máxima opened the new trading floor of the Amsterdam Stock Exchange. The former Stock Exchange building was the Beurs van Berlage . The Amsterdam Bourse, an open-air venue,

3880-931: The Burgundian victory in the Dutch–Hanseatic War in 1441. The population of Amsterdam was only modest compared to the towns and cities of Flanders and Brabant , which comprised the most urbanized area of the Low Countries. This changed when, during the Dutch Revolt , many people from the Southern Netherlands fled to the North, especially after Antwerp fell to Spanish forces in 1585. Jews from Spain, Portugal and Eastern Europe similarly settled in Amsterdam, as did Germans and Scandinavians. In thirty years, Amsterdam's population more than doubled between 1585 and 1610. By 1600, its population

3977-528: The East Indies. They assumed a joint-share of the necessary preparations (i.e. shipbuilding, stocking, navigation) in return for a joint-share of the profits. These Voorcompagnieën took on extreme risk to reap some of the rewarding spice trade in the East Indies, but introduced a common form of the joint-stock venture into Dutch shipping. Although some of these voyages predictably failed, the ones that were successful brought promise of wealth and an emerging new trade. Shortly after these expeditions began, in 1602,

Rotterdam Delftsche Poort railway station - Misplaced Pages Continue

4074-423: The Hanseatic League as middlemen. The city became the staple market of Europe for bulk cargo . This was made possible due to innovations in the herring fishery , from which Amsterdam reaped great wealth. Herring had demand in markets all around Europe. Inventions of on-board gibbing and the haringbuis in 1415, made longer voyages feasible, and hence enabled Dutch fishermen to follow the herring shoals far from

4171-410: The Holocaust victim and diarist Anne Frank . Due to its geographical location in what used to be wet peatland , the founding of Amsterdam is later than other urban centres in the Low Countries . However, around the area of what later became Amsterdam, farmers settled as early as three millennia ago. They lived along the prehistoric IJ river and upstream of its tributary Amstel. The prehistoric IJ

4268-459: The Netherlands. This led to the establishment of many non-Dutch-speaking churches. In 1603, the Jewish received permission to practice their religion in the city. In 1639, the first synagogue was consecrated. The Jews came to call the town " Jerusalem of the West ". As they became established in the city, other Christian denominations used converted Catholic chapels to conduct their own services. The oldest English-language church congregation in

4365-407: The Second World War a large section of the neighbourhood was demolished during the construction of the metro system. This led to riots, and as a result the original plans for large-scale reconstruction were abandoned by the government. The neighbourhood was rebuilt with smaller-scale residence buildings on the basis of its original layout. Catholic churches in Amsterdam have been constructed since

4462-409: The Second World War. With 180 different nationalities, Amsterdam is home to one of the widest varieties of nationalities of any city in the world. The proportion of the population of immigrant origin in the city proper is about 50% and 88% of the population are Dutch citizens. The first mass immigration in the 20th century was by people from Indonesia, who came to Amsterdam after the independence of

4559-433: The charter effectively granted the VOC complete authority over trade defenses, war armaments, and political endeavors in Asia. The high level of risk associated with trade in Asia gave the VOC its private ownership structure. Following in the footsteps of the English East India Company, stock in the corporation was sold to a large pool of interested investors, who in turn received a guarantee of some future share of profits. In

4656-439: The city an important place of pilgrimage . During the heyday of the Stille Omgang , which became the expression of the pilgrimage after the Protestant Reformation , up to 90,000 pilgrims came to Amsterdam. From the 14th century on, Amsterdam flourished, largely from trade with the Hanseatic League . From the 15th century on the city established an independent trade route with the Baltic Sea in grain and timber, cutting out

4753-425: The city had only 675,570 residents. This was soon followed by reurbanization and gentrification , leading to renewed population growth in the 2010s. Also in the 2010s, much of Amsterdam's population growth was due to immigration to the city. In the 16th and 17th century, non-Dutch immigrants to Amsterdam were mostly Protestant Huguenots and Flemings , Sephardic Jews , and Westphalians . Huguenots came after

4850-431: The city's Zuidoost (southeast) exclave and the centre of Amsterdam. Further plans were to build a new highway above the metro to connect Amsterdam Centraal and the city centre with other parts of the city. The required large-scale demolitions began in Amsterdam's former Jewish neighborhood. Smaller streets, such as the Jodenbreestraat and Weesperstraat, were widened and almost all houses and buildings were demolished. At

4947-468: The city's 17th-century Golden Age, have attracted millions of visitors annually. The Amsterdam Stock Exchange , founded in 1602, is considered the oldest "modern" securities market stock exchange in the world. As the commercial capital of the Netherlands and one of the top financial centres in Europe, Amsterdam is considered an alpha world city . The city is the cultural capital of the Netherlands. Many large Dutch institutions have their headquarters in

SECTION 50

#1732802012642

5044-499: The city). Only a third of inhabitants under 15 are autochthons ( person with two parents of Dutch origin). In 2023, autochthons were a minority in 40% of Amsterdam's neighborhoods. Segregation along ethnic lines is clearly visible, with people of non-Western origin, considered a separate group by Statistics Netherlands , concentrating in specific neighborhoods especially in Nieuw-West , Zeeburg , Bijlmer and in certain areas of Amsterdam-Noord . In 2000, Christians formed

5141-404: The city. Many of the world's largest companies are based here or have established their European headquarters in the city, such as technology companies Uber , Netflix , and Tesla . In 2022, Amsterdam was ranked the ninth-best city to live in by the Economist Intelligence Unit and 12th on quality of living for environment and infrastructure by Mercer. The city was ranked 4th place globally as

5238-406: The city. During the French Revolutionary Wars and the Napoleonic Wars , Amsterdam's significance reached its lowest point, with Holland being absorbed into the French Empire . However, the later establishment of the United Kingdom of the Netherlands in 1815 marked a turning point. The end of the 19th century is sometimes called Amsterdam's second Golden Age. New museums, a railway station, and

5335-439: The coasts, giving them a monopoly in the industry. The herring industry relied on international trade cooperation and large initial investments in ships. This required many highly skilled and unskilled workers cooperating, as well as the import of the necessary raw materials to turn an unfinished product into a marketable one. This required merchants to then sell it throughout the continent and book-keepers and accountants to divide

5432-399: The country. Some Amsterdam citizens sheltered Jews, thereby exposing themselves and their families to a high risk of being imprisoned or sent to concentration camps. More than 100,000 Dutch Jews were deported to Nazi concentration camps , of whom some 60,000 lived in Amsterdam. In response, the Dutch Communist Party organized the February strike attended by 300,000 people to protest against

5529-436: The development of a dam on the Amstel River called Amestelle , meaning 'watery area', from Aa(m) 'river' + stelle 'site at a shoreline', 'river bank'. In this area, land reclamation started as early as the late 10th century. Amestelle was located along a side arm of the IJ. This side arm took the name from the eponymous land: Amstel. Amestelle was inhabited by farmers, who lived more inland and more upstream, where

5626-417: The downstream Amstel mouth became attractive for permanent habitation. Moreover, the river had grown from an insignificant peat stream into a junction of international waterways. A settlement was built here immediately after the landscape change of 1170. Right from the start of its foundation it focused on traffic, production and trade; not on farming, as opposed to how communities had lived further upstream for

5723-407: The entire city centre. Although the success of this struggle is visible today, efforts for further restoration are still ongoing. The entire city centre has reattained its former splendour and, as a whole, is now a protected area . Many of its buildings have become monuments, and in July 2010 the Grachtengordel (the three concentric canals: Herengracht, Keizersgracht, and Prinsengracht) was added to

5820-411: The exchange on weekdays from 11 a.m. to noon. While only a short amount of time for trading inside the building, the window created a flurry of investors that in turn made it easier for buyers to find sellers and vice versa. Thus, the building of the stock exchange led to a vast expansion of liquidity in the marketplace. In addition, trading was continued in other buildings, outside of the trading hours of

5917-443: The exchange, such as the trading clubs, and was not prohibited in hours outside of those outlined in the bye-law. The location of exchange relative to the East India House was also strategic. Its proximity gave investors the luxury of walking a short distance to both register the transaction in the official books of the VOC, and complete the money transfer in the nearby Exchange Bank, also in Dam square. Jan David Zocher constructed

SECTION 60

#1732802012642

6014-413: The experienced traders of the trading clubs. The network of traders allowed for organized movement of knowledge and quick execution of transactions. Thus, the secondary market for VOC shares became extremely efficient, and trading clubs played no small part. Brokers took a small fee in exchange for a guarantee that the paperwork would be appropriately filed and a "buyer" or "seller" would be found. Throughout

6111-455: The fifteenth century. The statutes of Verona in 1318 confirm the existence of the settlement or forward market ... In 1428, the jurist Bartolomeo de Bosco protested against the sale of forward loca in Genoa. All evidence points to the Mediterranean as the cradle of the stock market. But what was new in Amsterdam was the volume, the fluidity of the market and publicity it received, and the speculative freedom of transactions." The Amsterdam exchange

6208-434: The first to get the latest commercial news. Trading also flourished in the 'church square' near the Oude Kerk . The city of Amsterdam then ordered the construction of an exchange in Dam Square . It was built by Hendrick de Keyser and opened for business in 1611. Various sections of the building were marked for commodity trading and VOC securities. A bye-law on trade in the city dictated that trade could only take place in

6305-499: The inhabitants of the village to travel freely through the County of Holland , paying no tolls at bridges, locks and dams. This was a move in a years-long struggle for power in the area between the count of Holland and the Amstel family who governed the area on behalf of the bishop of Utrecht. By 1327, the name had developed into Aemsterdam . The bishop of Utrecht granted Amsterdam zone rights in either 1300 or 1306. The Mirakel van Amsterdam  [ nl ] in 1345 rendered

6402-465: The initial charter called for a full liquidation after 21 years to distribute profits to shareholders. However, at this time neither the VOC nor its shareholders saw a slowing down of Asian trade, so the States General of the Netherlands granted the corporation a second charter in the West Indies. This new charter gave the VOC additional years to stay in business but, in contrast to the first charter, outlined no plans for immediate liquidation, meaning that

6499-426: The land was not as wet as at the banks of the downstream river mouth. These farmers were starting the reclamation around upstream Ouderkerk aan de Amstel , and later at the other side of the river at Amstelveen . The Van Amstel family , known in documents by this name since 1019, held the stewardship in this northwestern nook of the ecclesiastical district of the bishop of Utrecht . The family later served also under

6596-415: The largely Catholic city of Amsterdam joined the revolt against Spanish rule, late in comparison to other major northern Dutch cities. Catholic priests were driven out of the city. Following the Dutch takeover, all churches were converted to Protestant worship. Calvinism was declared the main religion. It was forbidden to openly profess Roman Catholicism and the Catholic hierarchy was prohibited until

6693-549: The largest religious group in the city (28% of the population). The next largest religion was Islam (8%), most of whose followers were Sunni . In 2015, Christians formed the largest religious group in the city (28% of the population). The next largest religion was Islam (7.1%), most of whose followers were Sunni . Amsterdam has been one of the municipalities in the Netherlands which provided immigrants with extensive and free Dutch-language courses, which have benefited many immigrants. Religion in Amsterdam (2015) In 1578,

6790-491: The late 17th century, where short-term speculative trading dominated. The trading clubs allowed investors to attain valuable information from reputable traders about the future of the securities trade. Experienced traders on the inside circle of these trading clubs had a slight advantage over everyone else, and the prevalence of these clubs played a major role in the continued growth of the stock exchange itself. Additionally, similarities can be drawn between modern day brokers and

6887-418: The many independent Voorcompagnieën merged to form the Dutch East India Trading Company. Shares were allocated appropriately by the Amsterdam Stock Exchange and the joint-stock merchants became the directors of the new VOC. Furthermore, this new mega-corporation was immediately recognized by the Dutch provinces to be equally important in governmental procedures. The VOC was granted significant war-time powers,

6984-443: The mid-19th century . This led to the establishment of clandestine churches , covert religious buildings hidden in pre-existing buildings. Catholics, some Jews and dissenting Protestants worshipped in such buildings. A large influx of foreigners of many religions came to 17th-century Amsterdam, in particular Sefardic Jews from Spain and Portugal, Huguenots from France, Lutherans , Mennonites , as well as Protestants from across

7081-447: The money invested remained invested, and dividends were paid to investors to incentivize shareholding. Investors took to the secondary market of the newly constructed Amsterdam Stock Exchange to sell their shares to third parties. These "fixed" capital stock transactions amassed huge turnover rates, and made the stock exchange vastly more important. Thus the modern securities market arose out of this system of stock exchange. The voyage to

7178-419: The official bookkeeper. After an agreement had been reached between the two parties, the shares were then transferred from seller to buyer in the "capital book". The official account, held by the East India House, encouraged investors to trade and gave rise to market confidence that the shares weren't just being transferred on paper. Thus, speculative trading immediately ensued and the Amsterdam securities market

7275-483: The oldest "modern" securities market in the world. It was created shortly after the establishment of the Dutch East India Company (Dutch: Nederlandse Oost-Indische Compagnie)(VOC) in 1602 when equities began trading on a regular basis as a secondary market to trade its shares. Prior to that, the market existed primarily for the exchange of commodities. It was subsequently renamed the Amsterdam Bourse and

7372-437: The past 200 years and northward for thousands of years. The construction of a dam at the mouth of the Amstel, eponymously named Dam , is historically estimated to have occurred between 1264 and 1275. The settlement first appeared in a document from 1275, concerning a road toll granted by the count of Holland Floris V to the residents apud Amestelledamme 'at the dam in the Amstel' or 'at the dam of Amstelland'. This allowed

7469-592: The peak of the demolition, the Nieuwmarktrellen ( Nieuwmarkt riots ) broke out; the rioters expressed their fury about the demolition caused by the restructuring of the city. As a result, the demolition was stopped and the highway into the city's centre was never fully built; only the metro was completed. Only a few streets remained widened. The new city hall was built on the almost completely demolished Waterlooplein. Meanwhile, large private organizations, such as Stadsherstel Amsterdam , were founded to restore

7566-493: The precious resources in the West Indies was risky. Threats of pirates, disease, misfortune, shipwreck, and various macroeconomic factors heightened the risk factor and thus made the trip wildly expensive. So, the stock issuance made possible the spreading of risk and dividends across a pool of investors. Should something go wrong on the voyage, risk was mitigated and dispersed throughout the pool and investors all suffered just

7663-490: The profit. In short, the herring industry was setting up the foundations for what would later become the transcontinental trade system and the Dutch Golden Age , with Amsterdam at its centre, hence the saying "Amsterdam is built on Herring bones". The Low Countries were part of the Hapsburg inheritance and came under the Spanish monarchy in the early sixteenth century. The Dutch rebelled against Philip II of Spain , who led

7760-415: The public streets, however, were still forbidden under law at the time. Only in the 20th century was Amsterdam's relation to Catholicism normalised, but despite its far larger population size, the episcopal see of the city was placed in the provincial town of Haarlem . Amsterdam Stock Exchange Euronext Amsterdam is a stock exchange based in Amsterdam , the Netherlands . Formerly known as

7857-532: The raids. The most famous deportee was the young Jewish girl Anne Frank , who died in the Bergen-Belsen concentration camp . At the end of the Second World War, communication with the rest of the country broke down, and food and fuel became scarce. Many citizens traveled to the countryside to forage. Dogs, cats, raw sugar beets , and tulip bulbs—cooked to a pulp—were consumed to stay alive. Many trees in Amsterdam were cut down for fuel, and wood

7954-661: The restoration of the episcopal hierarchy in 1853. One of the principal architects behind the city's Catholic churches, Cuypers , was also responsible for the Amsterdam Centraal station and the Rijksmuseum . In 1924, the Catholic Church hosted the International Eucharistic Congress in Amsterdam; numerous Catholic prelates visited the city, where festivities were held in churches and stadiums. Catholic processions on

8051-493: The right to build forts, the right to maintain a standing army, and permission to conduct negotiations with Asian countries. The charter created a Dutch colonial province in Indonesia, with a monopoly on Euro-Asian trade. The subscription terms of each stock purchase offered shareholders the option to transfer their shares to a third party. Quickly a secondary market arose in the East India House for resale of this stock through

8148-738: The seaside, in The Mirror of the Sea . Shortly before the First World War , the city started to expand again, and new suburbs were built. Even though the Netherlands remained neutral in this war, Amsterdam suffered a food shortage, and heating fuel became scarce. The shortages sparked riots in which several people were killed. These riots are known as the Aardappeloproer (Potato rebellion). People started looting stores and warehouses to get supplies, mainly food. On 1 January 1921, after

8245-582: The second half of the 17th century, Amsterdam experienced an influx of Ashkenazim , Jews from Central and Eastern Europe . Jews often fled the pogroms in those areas. The first Ashkenazis who arrived in Amsterdam were refugees from the Khmelnytsky uprising occurring in Ukraine and the Thirty Years' War , which devastated much of Central Europe. They not only founded their own synagogues, but had

8342-420: The war and other events of the 20th century, almost the entire city centre had fallen into disrepair. As society was changing, politicians and other influential figures made plans to redesign large parts of it. There was an increasing demand for office buildings, and also for new roads, as the automobile became available to most people. A metro started operating in 1977 between the new suburb of Bijlmermeer in

8439-781: The world outside the United Kingdom is found at the Begijnhof . Regular services there are still offered in English under the auspices of the Church of Scotland . Being Calvinists, the Huguenots soon integrated into the Dutch Reformed Church , though often retaining their own congregations. Some, commonly referred to by the moniker 'Walloon', are recognizable today as they offer occasional services in French. In

8536-526: Was a shallow and quiet stream in peatland behind beach ridges . This secluded area was able to grow into an important local settlement centre, especially in the late Bronze Age , the Iron Age and the Roman Age . Neolithic and Roman artefacts have also been found in the prehistoric Amstel bedding under Amsterdam's Damrak and Rokin , such as shards of Bell Beaker culture pottery (2200–2000 BC) and

8633-597: Was also a member of the Society of Suriname , an organisation founded to oversee the management of the Dutch colony of Surinam , which was economically dependent on slave plantations . On 1 July 2021, the mayor of Amsterdam , Femke Halsema , apologised for the city's involvement in the slave trade. Amsterdam's prosperity declined during the 18th and early 19th centuries. The wars of the Dutch Republic with England (latterly, Great Britain ) and France took their toll on

8730-488: Was around 50,000. During the 1660s, Amsterdam's population reached 200,000. The city's growth levelled off and the population stabilized around 240,000 for most of the 18th century. In 1750, Amsterdam was the fourth largest city in Western Europe , behind London (676,000), Paris (560,000) and Naples (324,000). This was all the more remarkable as Amsterdam was neither the capital city nor the seat of government of

8827-472: Was born. The rapid development of the Amsterdam Stock exchange in the mid 17th century led to the formation of trading clubs around the city. Traders met frequently, often in a local coffee shop or inns to discuss financial transactions. Thus, "Sub-markets" emerged, in which traders had access to peer knowledge and a community of reputable traders. These were particularly important during trading in

8924-502: Was completed in 2018. Since 2014, renewed focus has been given to urban regeneration and renewal, especially in areas directly bordering the city centre, such as Frederik Hendrikbuurt . This urban renewal and expansion of the traditional centre of the city—with the construction on artificial islands of the new eastern IJburg neighbourhood—is part of the Structural Vision Amsterdam 2040 initiative. Amsterdam

9021-486: Was created as a commodity exchange in 1530 and rebuilt in 1608. Rather than being a bazaar where goods were traded intermittently, exchanges had the advantage of being a regularly meeting market, which enabled traders to become more specialized and engage in more complicated transactions. As early as the middle of the sixteenth century, people in Amsterdam speculated in grain and, somewhat later, in herring, spices, whale-oil, and even tulips. The Amsterdam Bourse in particular

9118-512: Was taken from the houses, apartments and other buildings of deported Jews. The city was finally liberated by Canadian forces on 5 May 1945, shortly before the end of the war in Europe. Many new suburbs, such as Osdorp , Slotervaart , Slotermeer and Geuzenveld , were built in the years after the Second World War. These suburbs contained many public parks and wide-open spaces, and the new buildings provided improved housing conditions with larger and brighter rooms, gardens, and balconies. Because of

9215-433: Was the first incarnation of what we could today recognize as a stock market. The subscription terms of each stock purchase offered shareholders the option to transfer their shares to a third party. Quickly a secondary market arose in the East India House for resale of this stock through the official bookkeeper. After an agreement had been reached between the two parties, the shares were then transferred from seller to buyer in

9312-516: Was the first to formally begin trading in securities . The Sephardic Jewish writer Joseph de la Vega 's Confusion of Confusions (1688) is the first full-length work about the stock exchange, its participants and shareholders. In 1602, the States General of the Netherlands granted the VOC a 21-year charter over all Dutch trade in Asia and quasi-governmental powers. The monopolistic terms of

9409-551: Was the place where this kind of business was carried on. This institution began as an open-air market in Warmoestreet, later moved for a while to the 'New Bridge' (Nieuwe Brug). Early trading in Amsterdam in the early 16th century (1560s–1611) largely occurred by the Nieuwe Brug bridge, which crosses the Damrak near Amsterdam Harbor. Its proximity to the harbor and incoming mail made it a sensible location for traders to be

#641358