In line with its strategy to digitalise its services, the Stock Exchange of Mauritius (SEM) , in collaboration with the Central Depository & Settlement Co. Ltd (CDS), launched today the mySEM mobile application. mySEM is available for free download on PlayStore for Android users and App Store for iOS users for mobile devices.
The mySEM mobile app aims at empowering local and foreign investors to follow the market in real-time, seize market opportunities and trade in real-time. mySEM provides investors seamless access to a wide variety of key listed company data in real time, including company specific order books, highs and lows, five best bids and five best asks, and other relevant company-specific data. The mySEM mobile app also allows investors to have online access to their CDS accounts to monitor their account activity and account status.
In addition to mobile devices, the mySEM application also runs on desktop and web platforms and can be accessed using any browser. mySEM is available on the webpage https://mysem.stockexchangeofmauritius.com and on the homepage of SEM's website http://www.stockexchangeofmauritius.com. This application displays salient market data across both the Official Market and the DEM, and also allows investors to place orders online with their stockbroker (s).
The launch of mySEM relates to a number of initiatives implemented by the SEM in recent months to improve its services to its stakeholders, facilitate market access to local and international investors, attract new investors to its platform and improve market liquidity. mySEM is also in line with SEM’s objective of democratising the stock market and increasing the number of local retail shareholders investing on the SEM and registered in the CDS from 100,000 to 150,000 by 2023.
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