The Somali Stock Exchange (SSE) aims to be the premier exchange in the Horn of Africa and the East Africa which best serves its members, stakeholders and partners. The SSE is dedicated to making financial markets in Somalia run more efficiently in order to help our members achieve their business and investment needs, within the framework of an accredited and innovative stock exchange. The SSE offers four types of membership:
The corporate membership option is specifically designed for brokers, institutional investors along with proprietary traders. As a SSE corporate member you can trade in a range of financial products and directly trade on the SSE’s platforms, including equities, commodities and bonds.
Our corporate members form a network of over hundred trading participants, with a diverse range of corporations including banks, technology and energy firms, stockbrokers, and institutional investors.
To become a corporate member, prospective corporate candidates must complete an application form, undergo a due diligence review from the SSE team and execute an agreement stating that they will adhere to all Somali Stock Exchange rules and regulations. Members need to then obtain appropriate clearing and settlement arrangements in place for their trading activities. The SSE’s membership team can provide contact details of accredited clearing and settlement providers available on selected markets.
Some of the benefits of Individual Membership include:
Access to a Dedicated Analyst (DA) at the SSE who can act as a consultant or point of contact for potential investors
*Advisors (nominated advisors) typically consist of stockbrokers, public relations firms and corporate law firms as well as audit and accounting companies. These groups of firms generally have the license to advise our individual and corporate clients.