Stock Exchange of Mauritius seeks to tap Kenyan investors

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The Stock Exchange of Mauritius has opened a window for Kenyan investment banks and stockbrokers to trade. PHOTO | SHUTTERSTOCK

The Stock Exchange of Mauritius (SEM) has opened a window for Kenyan investment banks and stockbrokers to trade on its market platform, potentially opening up new offshore investment options in the Indian Ocean Island State.

SEM’s chief executive Sunil Benimadhu said in the exchange’s 2022 annual report that a new automated trading system (ATS) installed last year will allow the integration of foreign intermediaries.