Pulp Fiction: The Case for Dematerialization

The world’s first official stock issuance is believed to be that of the Verenigde Oostindische Compagnie, or the Dutch East India Company, which established the Amsterdam Stock Exchange for its purposes. The oldest certificate dates back to 1606 for this rudimentary initial public offering. Shares had been traded informally and unofficially for some time before that, of course, but the paper record given out for equity purchase formalized the process to a degree, and it’s one that continues to t

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: