Botswana Stock Exchange To Replace LSEG's Settlement System with CMA

The exchange will change its settlement system to Sweden-based CMA as it looks to add new features.

Botswana

The Botswana Stock Exchange (BSE) is in the process of replacing its current settlement system. While the exchange operator has used LSEG Technology’s MillenniumIT platform since 2008, Thapelo Tsheole, CEO of the BSE, tells WatersTechnology that it is switching over to a platform by CMA Small Systems as it looks to add more features to its trading environment while cutting costs.

Tsheole points to three particular pieces of functionality for choosing CMA. First, he says that it has a robust

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