Bolsa De Valores De Cabo Verde
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Bolsa De Valores De Cabo Verde
The Bolsa de Valores de Cabo Verde (Cape Verde Stock Exchange) is the stock exchange of Cape Verde. It is located in the Achada Santo António district of Praia. The Cape Verde Stock Exchange (BVC) was established on May 11 1998 by governmental decision. At the end of 2017, the market capitalisation was 68.4 billion escudos, which equals 621 million euro. The operating structure of the Cape Verde stock exchange combines the auctioning system with quote-driven systems in order to support larger market liquidity. The market deployed huge efforts to re-structure itself in line with the best practices and most relevant international guidelines. All platforms are credible ones and some are used by Euronext Lisbon and Interbolsa. The BVC is a member of the African Securities Exchanges Association.Members
ASEA


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Stock Exchange
A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividends. Securities traded on a stock exchange include stock issued by listed companies, unit trusts, derivatives, pooled investment products and bonds. Stock exchanges often function as "continuous auction" markets with buyers and sellers consummating transactions via open outcry at a central location such as the floor of the exchange or by using an electronic trading platform. To be able to trade a security on a certain stock exchange, the security must be listed there. Usually, there is a central location for record keeping, but trade is increasingly less linked to a physical place as modern markets use electronic communic ...
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Cape Verde
, national_anthem = () , official_languages = Portuguese , national_languages = Cape Verdean Creole , capital = Praia , coordinates = , largest_city = capital , demonym = Cape Verdean or Cabo Verdean , ethnic_groups_year = 2017 , government_type = Unitary semi-presidential republic , leader_title1 = President , leader_name1 = José Maria Neves , leader_title2 = Prime Minister , leader_name2 = Ulisses Correia e Silva , legislature = National Assembly , area_rank = 166th , area_km2 = 4033 , area_sq_mi = 1,557 , percent_water = negligible , population_census = 561,901 , population_census_rank = 172nd , population_census_year = 2021 , population_density_km2 = 123.7 , population_density_sq_mi = 325.0 , population_density_rank = 89th , GDP_PPP ...
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Achada Santo António
Achada Santo António is a subdivision of the city of Praia in the island of Santiago, Cape Verde. Its population was 12,965 at the 2010 census. It is situated near the Atlantic coast, southwest of the city centre. Adjacent neighbourhoods are Várzea to the north, Gamboa or Chã das Areias to the northeast, the beach area of Prainha to the east and also where much of the embassies are located, Quebra Canela to the south, Tira Chapéu Tira Chapéu is a subdivision of the city of Praia in the island of Santiago, Cape Verde. Its population was 5,785 at the 2010 census. It is situated west of the city centre. Adjacent neighbourhoods are Terra Branca to the northeast, Achada Santo ... to the west and Terra Branca to the north. Landmarks and points of interest *Chapel of Santo António (Saint Anthony) *Protestant Church * École Internationale Les Alizés, a French school *Institute of Paedagogics References {{DEFAULTSORT:Achada Santo Antonio Subdivisions of Praia ...
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Praia
Praia (, Portuguese language, Portuguese for "beach") is the capital and largest city of Cape Verde.Cape Verde, Statistical Yearbook 2015
Instituto Nacional de Estatística (Cape Verde), Instituto Nacional de Estatística
Located on the southern coast of Santiago, Cape Verde, Santiago island, within the Sotavento Islands group, the city is the seat of the Praia, Cape Verde (municipality), Praia Municipality. Praia is the economic, political, and cultural center of Cape Verde.


History

The island of Santiago was discovered by António da Noli in 1460.
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Cape Verdean Escudo
The escudo (sign: ; ISO 4217: CVE) is the currency of the Republic of Cape Verde. One escudo is subdivided into one hundred ''centavos''. Amounts are generally written by using the () as the decimal separator, such as for 20 escudos, or for 1000. History The escudo became the currency of Cape Verde in 1914. It replaced the Cape Verdean real at a rate of 1000 = 1 escudo. Until 1930, Cape Verde used Portuguese coins, although banknotes were issued by the Banco Nacional Ultramarino specifically for Cape Verde beginning in 1865. Until independence in 1975, the Cape Verde escudo was equal to the Portuguese escudo. Subsequently, it depreciated, declining by about 30 per cent in 1977–78 and by a further 40 per cent in 1982–84. Thereafter, it remained fairly stable against the Portuguese escudo. In mid-1998 an agreement with Portugal established a pegged rate of 1 Portuguese escudo = 0.55 Cape Verdean escudos. Since the replacement of the Portuguese escudo with the euro, t ...
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Euro
The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . The euro is divided into 100 cents. The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. As of 2013, the euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. , with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in c ...
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Market Liquidity
In business, economics or investment, market liquidity is a market's feature whereby an individual or firm can quickly purchase or sell an asset without causing a drastic change in the asset's price. Liquidity involves the trade-off between the price at which an asset can be sold, and how quickly it can be sold. In a liquid market, the trade-off is mild: one can sell quickly without having to accept a significantly lower price. In a relatively illiquid market, an asset must be discounted in order to sell quickly. Money, or cash, is the most liquid asset because it can be exchanged for goods and services instantly at face value. Overview A liquid asset has some or all of the following features: It can be sold rapidly, with minimal loss of value, anytime within market hours. The essential characteristic of a liquid market is that there are always ready and willing buyers and sellers. It is similar to, but distinct from, market depth, which relates to the trade-off between quantit ...
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Euronext Lisbon
Euronext Lisbon is a stock exchange in Lisbon, Portugal. It is part of Euronext pan-European exchange. Euronext Lisbon trades equities, public and private bonds, participation bonds, warrants, corporate warrants, investment trust units, and exchange traded funds. The BVL General index is the exchanges official index, and includes all listed shares on the official market. Settlement is T+2. Derivatives include long-term interest rate futures, three-month Lisbor futures, stock index futures and options on the PSI-20 Stock index, and Portuguese stock futures. Trading hours are 8 a.m. to 4:30 p.m., Monday through Friday. History The predecessor of the ''Bolsa de Valores de Lisboa'' (Lisbon Stock Exchange) was created in 1769 as the ''Assembleia dos Homens de Negócio'' (Assembly of Businessmen) in the Commerce Square, Lisbon downtown. In 1891, the ''Bolsa de Valores do Porto'' (Oporto Stock Exchange) in Oporto was founded. After the military coup on April 25, 1974, both th ...
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Interbolsa
''There is also another company, within the EURONEXT group, with the same name that is based in Portugal. this company, is responsible for the central securities depository and settlement systems management in Portugal.'' InterBolsa () formerly the Interbolsa Financial Group now largely known as Grupo InterBolsa, was a Colombian based securities broker (largest in Colombia) and proprietary trader that also engaged in asset management and other types of investment banking, that operated until November 2012, when the Colombian Government ordered its closure by a default of debts with the local banking system. The group still has other investments and companies overseas whose operations may not be interrupted by this closure. The company had over 29% of the market volume of brokerage activity in Colombia. History Until 2008, it operated as a loosely integrated conglomerate with a controlling interest in a number of smaller companies, each specializing in a different region (Pana ...
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African Securities Exchanges Association
ThAfrican Securities Exchanges Association(ASEA) was incorporated in 1993 in Nairobi (Republic of Kenya). ASEA's aim is to provide a formal framework for the mutual co-operation of securities exchanges in the African region. Its functions include the exchange of information and assistance in the development of member exchanges. There are 30 exchanges in Africa, representing 39 nations' capital markets. ASEA has 26 Full Members and 6 Associate Members in 2022. Related Organisations * Bolsa de Valores de Cabo Verde - Praia, Cape Verde * Bolsa de Valores de Mozambique - Maputo, Mozambique *Botswana Stock Exchange - Gaborone, Botswana * Bourse Regionale des Valeurs Mobilieres - Abidjan, Côte d'Ivoire *Bourse des Valeurs Mobilières de Tunis - Tunis, Tunisia *Casablanca Stock Exchange - Casablanca, Morocco *Egyptian Exchange - Cairo, EgyptFMDQ Securities Exchange- Lagos, Nigeria *Dar es Salaam Stock Exchange - Dar es Salaam, Tanzania *Douala Stock Exchange - Douala, Cameroon *Ghana Sto ...
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Economy Of Cape Verde
The economy of Cape Verde is a service-oriented economy that is focused on commerce, trade, transport and public services. Cape Verde is a small archipelagic nation that lacks resources and has experienced severe droughts. Agriculture is made difficult by lack of rain and is restricted to only four islands for most of the year. Cape Verde's economy has been steadily growing since the late 1990s, and it is now officially considered a country of average development, being only the second African country to have achieved such transition, after Botswana in 1994. Cape Verde has significant cooperation with Portugal at every level of the economy, which has led it to link its currency (the Cape Verdean escudo) first to the Portuguese escudo and, in 1999, to the euro. Resources About 75% of food is imported. Cape Verde annually runs a high trade deficit, financed by foreign aid and remittances from emigrants; remittances constitute a supplement to GDP of more than 20%. Economic refo ...
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List Of African Stock Exchanges
There are 29 exchanges in Africa, representing 38 nations' capital markets. 21 of the 29 stock exchanges in Africa are members of the African Securities Exchanges Association (ASEA). ASEA members are indicated below by an asterisk (*). The Egyptian Exchange (EGX), founded in 1883, is the oldest stock exchange in Africa. One of the oldest bourses (exchanges) on the continent is the Casablanca Stock Exchange of Morocco, founded in 1929 and the JSE Limited in 1887. Today the Casablanca stock exchange, in Morocco is the 3rd largest exchange in Africa, while Johannesburg Stock Exchange is the first, and the Nigerian Stock Exchange (NSE) is the second. There are several notable countries on the continent that do not have a stock exchange. The most notable is Ethiopia, although it does have a commodities exchange in Addis Ababa. In January 2021 a capital market bill was tabled to Ethiopian lawmakers that would establish a stock exchange through a public-private partnership. List Se ...
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