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The EU has a new weapon in the civil war

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The world’s oldest stock market is at risk. Amsterdam has benefited from the turmoil that Brexit has planted to overtake London as the busiest market in Europe.

Euronext Amsterdam, using its legitimate name, has also benefited from the rules that allow prospects in English, the opportunity to earn more money through six other companies with the same ownership, as well as be free from new features such as special purchase vehicles. This year also saw the rise of new investments raised through public startups. Biotech Company BenevolentAI is planning to sign that deal through a major Spac partnership that is preparing for the continent even though it is based in London.

In fact, the London Stock Exchange is struggling. It has more IPOs, and Shell recently announced its plans remove half of the Dutch of its two lists and the relocation of its tax office and all its suburbs to London.

Throughout the play, the conflict between Amsterdam and London is severely missed. Actual actions have moved elsewhere. The whole of Europe is left in the dust by the US and the Chinese and Hong Kong markets in terms of trade, corporate investment and all other important metrics.

The US markets have reached 954 IPOs by 2021, while total exchanges in the EU and UK combined saw 389, according to Dealogic. Asia Pacific and American companies have grown significantly as part of the global market since 2006, while European companies (including those in the UK and Switzerland) declined from 30 to 17 percent of the total, according to New Financial , thinking tank.

“The US and Asian markets have the highest economic potential,” said William Wright, executive director of the agency.

Europe has no new beginnings. But investors around the world have already reduced their earnings compared to their competitors elsewhere because the continent’s economy is growing slowly and international borders are making it harder for companies to grow.

Now the EU has the opportunity to change the issue that it cannot afford to miss. In the first nine months of this year, European startups earned 19 percent of global revenue, up from 13 percent in 2020. Europe looks a bit more exciting in comparison. China is cracking down on foreign economic groups and technology and many US secret groups have a clear idea.

But it also shows the success of the EU and UK in areas such as fintech and biotech. Most of this year’s VC revenues are late payments, which have tripled this year to $ 60bn. This means that most of the soon-to-be recipients are looking to make their appearance public.

In the past, many powerful groups have been attracted by US exchanges with the pool of economics and active trade, especially among retailers. In the last five years, 60 EU and UK companies have been listed in the US, while only 16 companies have changed, Dealogic says.

British lawmakers are striving to make the UK more attractive. The Financial Conduct Authority amended its Spac rules in August and last week ended a a major overhaul of a follow-up policy aimed at attracting business owners. Beginners who choose to register the first market share will be allowed to own shares that are free to vote and make up only 10 percent of the shares available to the public, down from 25 percent.

EU growth offers environmental benefits. Brussels has been talking for years about the real market cross-border financial services without giving. Such large market forces can enable companies to make money at home. He recently decided to create live databases, known as integrated tapes, connecting patches of more than 400 retail sites. The interest of the upcoming German government has given this a hand. But immediate action is needed not only on market rules.

“Europe needs to help develop companies to move faster across the border. management system management system management system management system management system management system management system management system management system management management system

If Brussels throws the ball, Amsterdam’s victory over London will be in vain.

brooke.masters@ft.com

Follow Brooke Masters and myFT and on Twitter



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