Investor Information
The Central Depository & Settlement Co. Ltd (CDS)
The CDS is a subsidiary of the Stock Exchange of Mauritius (SEM) and supplies the logistic platform to conduct trading and settlement, most of which is done electronically and in real time.
Transactions in securities listed on the SEM - mostly equities - require the opening of a CDS account.
Just like a rupee or foreign currency account is a ‘money’ account held with a bank, a CDS account is a ‘securities’ account held with a CDS participant, and is used for transactions in securities.