The Stock Exchange of Mauritius (SEM) on Thursday launched a new automated trading system, positioning itself as an attractive multi-currency listing platform capable of offering sophisticated products and services to domestic and international investors. The launch took place at a ceremony in Port Louis, the country’s capital.
The automated system incorporates robust desktop trading for brokers. Investors will be able to trade numerous assets via web browsers and a mobile application called mySEM. The project—which entailed an overhaul of the stock exchange’s technological infrastructure—will also bolster the market by offering the integration of such services as data distribution, remote deal brokering, and custodian banking, as well as the ability to trade such asset classes as derivatives.