[1] The Cape Verde Stock Exchange (BVC) was established on May 11 1998 by governmental decision.
[2] At the end of 2017, the market capitalisation was 68.4 billion escudos,[3] 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.
[citation needed] The BVC is a member of the African Securities Exchanges Association.