The official launch was made on Wednesday, September 16, 2020, with SGI BOA Capital Securities. The implementation of the Online Stock Exchange is included in the MFR's 2014-2021 strategic plan.

It is a major innovation in the market and consists, for the BRVM, in making available to Management and Intermediation Companies (SGI), a technological platform allowing the automatic transmission of stock exchange orders.

The BRVM has moved from centralized electronic listing (entry to the BRVM) to decentralized electronic listing (entry by the SGI) to date to automatic order routing (Online Stock Exchange).

This is a remarkable technological development that once again positions the BRVM in the concert of innovative stock exchanges.

It has three main objectives: improving market liquidity; improving order execution times; and lowering transaction costs.

The Director General of the BRVM and the DC/BR, Dr. Edoh, praised the work done by all stakeholders in the project under the leadership of CREPMF for the effective implementation of the online stock exchange.

He also warmly congratulated SGI BOA Capital Securities, which will be the first to offer this service in the WAEMU zone, and encouraged the other SGI to follow suit as soon as possible.

The launch of the online stock exchange service coincided with the effective start of the activities of the BRVM and the DC/BR 22 years ago, on September 16, 1998.