Luminaris Securities has gained dual regulatory approval to launch and market ETFs, expanding global investment options in South Africa.

Luminaris Securities & Capital (Luminaris) has secured approval from South Africa’s Financial Sector Conduct Authority (FSCA) to issue ETFs and operate as a market maker, marking a notable step in opening the country’s market to broader, globally aligned investment products. The firm plans to introduce broad-based index ETFs as well as sector-focused and quantitatively managed funds Luminaris has been authorised to launch and manage ETFs locally, connect its operations w