The bottom shelf of the fridge is laden with Heineken and Corona. The Corona is on rotation, but the Heineken is a permanent fixture: This is Amsterdam. A few strides away there’s a dark, well-stocked in-house pub.
Up one flight of stairs, the atmosphere is very different. Behind a door that can only be opened with a security pass is by far the largest trading floor for exchange-traded funds in Europe. The 110 traders here, along with 30 colleagues in offices elsewhere, traded €640 billion ($719 billion) in ETFs last year and at least that much in futures, commodities, bonds, stocks, and foreign exchange.
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