An interesting article posted on lexpress.mu by Par Villen Anganan provides insight to the new trading platform set by the Financial Services Commission (FSC). The Stock Exchange of Mauritius (SEM) will compete with Indian operator, Afrinex, a subsidiary of the Bombay Stock Exchange. The new trading platform will be operational in March. It is said that the two exchanges will complement each other as Afrinex will specialize in listing of securities, derivatives or commodities.
Internationalization of the SEM has been a strategy since 2013 and has now moved to a new stage of development.
Please click HERE to read the full article.