The Ghana Stock Exchange is making steady progress towards becoming completely automated so that all trading can be done electronically.
Though the bourse is at the moment automated, trading is still largely manual because just about 44 thousand accounts or 32 percent of share certificates have been entered in the GSE’s Securities Depository after operating for one and half years.
Officials tell Joy Business a lot more trading could be done electronically if more of the share certificates are registered.
The Depository’s Executive Director Melvina Amoafo talks about SMS alert systems and other initiatives to encourage more shareholders to register their shares.
“SMS alert system such that anytime there is a movement or a transaction in your account you get an SMS alert.
“You can also view your account via the internet,” she noted, adding that registered traders get their accounts updated much faster.
Source: Joy Business/Myjoyonline.com/Ghana
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