Trop-X

Country
Seychelles
Number of listed companies
24
Domestic market capitalization
19
SSE Partner Exchange

Yes

Has annual sustainability report

No

Requires ESG reporting as a listing rule

Yes

  • Requires comply or explain
Has written guidance on ESG reporting

No

  • However, has committed to publishing a guidance.
Offers ESG related training

No

Has sustainability-related indices

No

Has sustainability bond listing segment

No

Has SME listing platform

Yes

Additional information
  • The board and management of Trop-X view corporate social responsibility as a key business objective. Responsible business is embedded within the Company’s Strategy and is supported across the business. Clear governance structures and visible leadership play a vital role in embedding corporate responsibility throughout the Company. (Source)
Organizational model of stock exchange
  • Trop-X (Seychelles) Limited is a wholly owned private company licensed as a Seychelles Securities Exchange and owns AfriClear Limited (a licensed Seychelles Clearing Agency) and AfriDep (a licensed Seychelles Securities Facility). The exchange went live in August of 2013 with the launch of its first listing on its Equities Markets.
  • Shareholders include a combination of institutional and private investors.
Regulatory model
  • The Seychelles Financial Services Authority is responsible for monitoring the operation of the securities exchange, however, Trop-X regulates its members, issuers and service providers by using its approved regulatory framework.
About the stock exchange
  • Trop-X is a multi-asset, multi-currency modern financial exchange that launched in 2013. More info here.
Ownership of Exchange (Shares >4% only) Share
Trop-X is a privately held company who’s shareholders include a combination of institutional and private investors. %