NYSE Euronext signs cooperation agreement with Cape Verde Stock Exchange

5 July 2012

Via its subsidiary Euronext Lisbon, NYSE Euronext has signed a cooperation agreement with the Cape Verde Stock Exchange, NYSE Euronext said in a statement issued in Lisbon.

Under the terms of the agreement, NYSE Euronext will help to develop the capital market in Cape Verde, through training organised by Euronext Lisbon for Cape Verde Stock Exchange staff.

The agreement also outlines that the Portuguese stock exchange will take part in events organised or sponsored by the Cape Verde Stock Exchange related to African countries, and establish guidelines to carry out joint activities.

The main aim of the agreement, according to the statement, is to ensure greater liquidity for listed stocks, to identify potential synergies, and make listed Portuguese and Cape Verdean companies more visible. (macauhub)