Investment Dealer (Discount Broker) in Mauritius

This entity holds an Investment Dealer (Discount Broker) licence issued by the Financial Services Commission of Mauritius and is treated similarly to an ECN/STP authorization. The licence was issued on 18 September 2024, and the company was incorporated in 2024.

Under this regulatory structure, the company is required to operate a straight-through processing (STP) brokerage model. It must transmit client orders to another regulated liquidity provider or exchange and is not permitted to act as principal, internalise trades, or operate as a market maker.

The licence does not currently include a bank account, and banking arrangements would need to be established post-acquisition, subject to regulatory and banking approval. Annual audits are mandatory under the FSC framework.

This structure is suitable for buyers seeking a compliant STP brokerage setup without market-making exposure.

Technology & Compliance

• Trading execution via third-party liquidity provider (required)
• No internalised trading systems
• Compliance framework aligned with FSC requirements
• External audit required annually

Services & Capabilities

• Order transmission to external liquidity providers
• STP brokerage operations only
• Intermediary services (non-automated advice permitted)