Types of investment dealer licenses in Mauritius
There are four types of investment dealers registered in Mauritius. Each «level» of licensing allows for different business activities:
- Discount Brokers (Level A)
To execute transactions on behalf of your clients.
To manage your clients' porfolios and advise them about the financial instruments.
- Full Service Dealers (Level C)
To trade securities and give investment advices to your clients.
- Full Service Dealers with Underwriting Rights (Level D)
To underwrite securities and distribute securities on behalf of an issuer of holder