Abstract
Automated trading system of stock exchange of Mauritius ensures improvement in various spheres of the stock market. Earlier, the stock exchange 's activities were limited to the Official market as well as the Over-the-counter market. With the advent of the SEMATS, the official market would include other activities as well. These details have been scripted in the article below.It is a well-known fact that the way of trading has changed the world over in the last couple of years. More so, because there are several countries who have removed restrictions on trade. Owing to this stock exchanges in different parts of the world are trying to improve the operating potentialities of their trading exchanges. The Automated stock exchanges being updated the world over is a measure for the same.
SEM or Stock Exchange of Mauritius in the year 1997 founded a Central Depository and Settlement System also known as CDS. This was done to ensure that transactions pertaining to the stock exchanges may be settled as well as cleared as per the norms of the G-30 Standards.
SEMATS or Stock Exchange of Mauritius Automated Trading System has been designed to cater to the needs of equity driven and the debt markets.
Prior to the implementation of the Automated trading system of stock exchange of Mauritius, the exchange operated in two different kinds of markets. They include:
After the implementation of the automated system, the following areas would also be attended to in the Official market category.
