First Social Enterprise Investing Exchange Opens

Graph With Stacks Of Coins [Photo by kenteegardin] (CC BY-SA 3.0)

The world’s first social enterprise investing exchange board, known as the iX, is now open for listing by qualified social and environmental organizations and impact investment funds that are seeking a listing in the public capital markets.

The Stock Exchange of Mauritius (SEM)along with social enterprise NeXii have received formal regulatory approval of the listing and trading rules for the iX from the Financial Services Commission. The announcement was made ahead of the first Social Capital Markets (SOCAP) Europe Conference in Amsterdam, which is the site of the creation of capital markets where the first stock traded in 1602.

SEM is a member of the World Federation of Exchanges. Multi-currency trading and settlement abilities in Dollars, Euros and British Pounds should reduce currency risk, and a live presence on all the major international data vendors provides significant global access for listed companies.

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