The Stock Exchange of Mauritius Ltd (SEM) was incorporated on March 30, 1989 as a private company with the responsibility for the operation and promotion of an efficient and regulated securities market in Mauritius. On October 6, 2008, the SEM became a public company. The exchange was opened to foreign investors in 1994. Foreign investors do not need approval to trade shares, except for the holding of more than 15% in a sugar company.
Bourse Africa, formerly known as Global Board of Trade (GBOT), began trading operations in October 2010 as the first international multi asset class exchange from Mauritius that offers trading on commodity derivatives, African and Global currency derivatives, African equity index derivatives and CFDs on commodities and currencies. The exchange is licensed and regulated by the Financial Services Commission (FSC).