Driving change within the Exchange space in Africa

The SEMDEX reached a new All-Time High at market close today, reaching 2,485.31 points. The SEMTRI and the SEMTRI-ASI, also closed at new All-Time Highs of 11,222.64 points and 10,163.10 points respectively.

Effective 6 January 2025, the use of the Minimum Fill order type - both as a standalone order type or as an attribute linked to other orders - will be discontinued on SEM's Automated Trading System (ATS)

Market Making is a transformative step towards enhancing liquidity and boosting investor confidence. This initiative aligns with SEM's strategic vision to elevate its trading ecosystem, making it more dynamic, efficient, and attractive to both issuers and investors.

SEM is setting up “Two-Factor Authentication (2FA)” for the mySEM APP, effective 03 February 2025, applicable for all mySEM APP users. All mySEM APP Users are requested to provide their E-mail Address to their Investment Dealer or Custodian Bank before 03 February 2025, so that a generated One-Time Password (OTP) can be sent to their E-Mail Address when they login to mySEM APP as from 03 February 2025.

SEM adds another milestone to its innovation-driven journey with the launch of SEMX, a dedicated segment on the Official Market for high-growth companies. The segment is governed by a tailored set of listing rules that address the requirements of high-growth companies. These rules include provisions for market-making, ensuring adequate secondary market liquidity to enhance the appeal of SEMX-listed companies to investors. Tuesday Markets has been appointed as the initial market maker for SEMX.