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Stock Market / Finance in Seychelles

  • Bitcoin just started trading on the world’s biggest exchange

    AFGHANISTAN, 2017/12/19 Bitcoin futures started trading Sunday night at CME Group Inc.’s venue, a week next Chicago rival Cboe World Markets Inc. introduced similar derivatives on the volatile cryptocurrency. CME is a much bigger player in futures, so a lot of traders expected it to make a bigger splash in the nascent space. CME got off to a faster start with additional efficient pricing. Its most-active arrangement changed hands 221 times in the initial hour versus 570 during Cboe’s debut. But that’s a win because CME’s contracts are five times additional precious — they’re tied to five bitcoins compared with only one with Cboe’s futures.
  • IMF and government in pact to secure reform programme gains

    SEYCHELLES, 2012/11/24 The move will come with a further US $10.23 million to be disbursed by the IMF in two portions before the end of 2013, subject to approval of the arrangement by the fund’s management and executive board, she said in a press conference attended by Finance, Investment and Trade Minister Pierre Laporte and Central Bank governor Caroline Abel at the bank. Ms Baker said the arrangement is meant to help “lock in the gains realised so far and make inroads on key improves while building policy buffers in the uncertain world environment”.