Stock Exchange of Mauritius (SEM)

The Stock Exchange of Mauritius Ltd (SEM) is the principal stock exchange in the island country of Mauritius. It was incorporated on March 30, 1989 under the Stock Exchange Act 1988. The SEM is committed to becoming a World Class Stock Exchange.

SEM is one of the leading Exchanges in Africa and a member of the World Federation of Exchanges (WFE). It operates two markets: the Official Market, and the Development & Enterprise Market (DEM).

SEM's Automated Trading System (SEMATS) was launched on 29 June 2001, and it constitutes a state-of-the-art electronic trading system built on third generation technology. Trading in securities is conducted through trading workstations located at intermediate dealers and linked by communication lines to the SEM trading engine.

In 2010 the SEM has brought some major changes to its Listing Rules to align them with the Collective Investment Schemes Regulations 2008 with a view to positioning it as an attractive venue for the Listing of Global and Specialised Funds.