Amsterdam overtakes London as Europe’s largest trading hub

A memorandum of understanding is expected to be signed between the UK and EU over financial services in March. Photo: Ian West/PA

Amsterdam overtook London as the largest financial trading centre in Europe last month as Brexit-related changes to finance rules came into force.

An average of €9.2bn worth of shares were traded on Euronext Amsterdam, alongside Dutch divisions of CBOE Europe and the Turquoise exchange in January, according to data from CBOE Europe first reported by the Financial Times.