An uncertain year ahead

The Dutch stock market underperformed its European peers in 1998 and 1999 will be a difficult one too. However, concepts of shareholder value are well established in the Netherlands and the small-cap sector looks like an outperformer.

Market structure The organization Amsterdam Exchanges is the central Dutch securities exchange for stocks, bonds, options and futures. It is divided into the stock exchange, the option and futures exchange, the agricultural futures market, clearing and data processing, and market and price information. It was created on January 1 1997 when the Amsterdam Stock Exchange merged with the European Options Exchange. The company also includes the settlement operations of these exchanges and the depositories Necigef and NIEC.

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