SBM Securities Ltd, which is part of the Group's Non-Banking Financial Cluster- SBM (NBFC) Holdings Ltd, is the first brokerage firm in Mauritius to open the derivatives market not only to local but to international clients as well. It played a crucial role in the historic Afreximbank fund raising in 2017.
Licensed by the Financial Services Commission (FSC), SBM Securities Ltd, is the stockbroking unit of SBM Holdings Ltd. It enables investors, be it the common man or institutions, to participate both on the local Stock Exchange and on global Stock Exchanges. Among the products and services it offers to its customers are bonds, Exchange Traded Funds, Mutual Funds, Sponsoring Brokers, etc. In 2017, SBM Securities Ltd received the Best Stockbroker - Indian Ocean 2017 Award from the Capital Finance International magazine.
Commenting on this achievement, the Chairman of SBM Group, Mr. Kee Chong LI KWONG WING, GOSK, said: "This award is a continuation of the result of the successful implementation of the diversification strategy of our products and services and shows our capacity to innovate on the market. I would like to congratulate the non-banking segment for the work they have done and for this award.”
Mrs. Anoushka Bhuttoo, Head of SBM Securities Ltd, declared that "these awards by international magazines demonstrate the recognition of our skills and the appreciation of the quality of the products and services that we constantly innovate for our customers - such as international trading with a night desk and sponsoring broker. This is the result of a new impetus and dynamism to be in line with SBM Group's vision of becoming the most respected financial services provider in Mauritius and abroad. "