GSE Trading Results - Nov 30, 2016
Stock: AADS - 0.52 0 Vol. Traded: 0
Stock: ACI - 0.01 0 Vol. Traded: 0
Stock: AGA - 37 0 Vol. Traded: 0
Stock: ALW - 0.14 0 Vol. Traded: 0
Stock: AYRTN - 0.1 0 Vol. Traded: 0
Stock: BOPP - 2.1 0 Vol. Traded: 0
Stock: CAL - 0.76 -0.01 Vol. Traded: 3200
Stock: CLYD - 0.03 0 Vol. Traded: 0
Stock: CMLT - 0.12 0 Vol. Traded: 0
Stock: CPC - 0.02 0 Vol. Traded: 0
Stock: EGH - 6.55 0 Vol. Traded: 0
Stock: EGL - 2.4 0 Vol. Traded: 0
Stock: ETI - 0.1 0 Vol. Traded: 200
Stock: FML - 11.3 0 Vol. Traded: 0
Stock: GCB - 3.5 0.01 Vol. Traded: 8000
Stock: GGBL - 1.64 0 Vol. Traded: 0
Stock: GLD - 38.8 0 Vol. Traded: 0
Stock: GOIL - 0.99 -0.05 Vol. Traded: 3100
Stock: GSR - 1.95 0 Vol. Traded: 0
Stock: GWEB - 0.01 0 Vol. Traded: 0
Stock: HFC - 0.79 0 Vol. Traded: 0
Stock: HORDS - 0.1 0 Vol. Traded: 0
Stock: IIL - 0.09 0 Vol. Traded: 0
Stock: MAC - 6 0 Vol. Traded: 0
Stock: MLC - 0.15 0 Vol. Traded: 0
Stock: MMH - 0.11 0 Vol. Traded: 0
Stock: PBC - 0.06 0 Vol. Traded: 7000
Stock: PKL - 0.05 0 Vol. Traded: 0
Stock: PZC - 0.2 -0.02 Vol. Traded: 600
Stock: SAMBA - 0.72 0 Vol. Traded: 0
Stock: SCB - 8.5 -0.32 Vol. Traded: 1960
Stock: SCB PREF - 0.75 0 Vol. Traded: 0
Stock: SIC - 0.13 0 Vol. Traded: 36000
Stock: SOGEGH - 0.6 0 Vol. Traded: 500
Stock: SPL - 0.02 0 Vol. Traded: 0
Stock: SWL - 0.04 0 Vol. Traded: 0
Stock: TBL - 0.26 0 Vol. Traded: 0
Stock: TLW - 26.9 0 Vol. Traded: 10
Stock: TOTAL - 2 0 Vol. Traded: 700
Stock: TRANSOL - 0.03 0 Vol. Traded: 0
Stock: UNIL - 8.5 0 Vol. Traded: 0
Stock: UTB - 0.03 0 Vol. Traded: 30100
RSS
Tools
Dec 4
Equity investing Print E-mail
YOUR QUESTIONS ANSWERED
1) What does CSD Account stand for?
It stands for Central Securities Depository Account.
2) What is it used for?
It is an electronic bookkeeping account on which all purchases and sales of securities (shares and bonds) by any investor on the Ghana Stock Exchange (GSE) will be recorded.
3) Why do I have to open a CSD Account?
All investors on the GSE will be required to open CSD accounts to facilitate automated trading because without the conversion of securities into electronic form, the functions of the automated trading system will be impeded.
The CSD started operation from November 14, 2008 and up to December 12, 2008, the account opening and immobilization process is voluntary.
The automated trading platform is scheduled to take off from December 15, 2008. This means that from December 15, 2008, you must first open a CSD account if you have not yet done so before you can buy or sell any listed security on t he GSE.
4) What are the benefits of opening and maintaining a CSD account?
Risk of loss, mutilation, destruction and theft associated with holding physical certificates is eliminated.
You can monitor all your holdings in one account instead of holding different securities certificates.
Makes it easier for Databank Brokerage Ltd (DBL) to monitor the performance of your portfolio of holdings in listed companies.
It facilitates the efficient operation of the automated trading system by allowing for prompt execution and real delivery versus payment of the clearing and settlement system.
READ FULL DOCUMENT
FIND BELOW OTHER RELATED FORMS
SECURITIES ACCOUNT REGISTRATION FORM - (INDIVIDUALS)
SECURITIES DEPOSIT FORM
CLIENTS RECORDS UPDATE FORM

YOUR QUESTIONS ANSWERED

1) What does CSD Account stand for?

It stands for Central Securities Depository Account.

2) What is it used for?

It is an electronic bookkeeping account on which all purchases and sales of securities (shares and bonds) by any investor on the Ghana Stock  Exchange (GSE) will be recorded.

3) Why do I have to open a CSD Account?

All investors on the GSE will be required to open CSD accounts to facilitate automated trading because without the conversion of securities into electronic form, the functions of the automated trading system will be impeded.

4) What are the benefits of opening and maintaining a CSD account?

  • Risk of loss, mutilation, destruction and theft associated with holding physical certificates is eliminated
  • You can monitor all your holdings in one account instead of holding different securities certificates
  • Makes it easier for Databank Brokerage Ltd (DBL) to monitor the performance of your portfolio of holdings in listed companies
  • It facilitates the efficient operation of the automated trading system by allowing for prompt execution and real delivery versus payment of the clearing and settlement system

The purchasing investor (equities)
Purchases for all investments are limited to the amount of funds paid by investors. A purchasing investor will usually deposit funds for investments based on the current price of shares which will also determine the number of shares acquired by the client.

The selling investor (equities)
A client who wants to sell his shares must fill a sale order form which authorizes Databank to sell the shares on their behalf.