Shares are units of equity ownership interest in a corporation that exist as a financial asset providing for an equal distribution in any residual profits, if any are declared, in the form of dividends.
Pick a Dealer
Dealers are the licenced intermediaries who are authorised to trade financial assets on the Ghana Stock Exchange.
2. Open a Trading Account with the Dealer
The only requirement is to be of legal age and have a residence in Ghana. The Dealer will provide you with access to their investment platforms, allowing you to send purchase and sale orders to the Ghana Stock Exchange’s central system.
3. Choose the Asset in which to invest
The investor has to decide whether to invest in shares, sovereign bonds or corporate bonds.
4. After making a decision, send a Buy order via the Dealer
Submitting a purchase order for a financial asset. It is possible to set a limit price or a market price of the selected asset.
5. The transaction is completed if the buy and sell prices match
When the bidding price of an asset coincides with the asking price, the trade is executed. The Dealer makes the transaction payment at the Stock Exchange in your name, and they deliver the transaction amount to the buyer/seller Dealer. You become the legal owner of the asset.
6. The Dealer issues the transaction notification and charges their fees
There is no fixed fee, which means that when choosing a Dealer to invest in the Ghana Stock Exchange, it is crucial to choose one that can better adapt to the investor’s situation.
How do I open a stock account in Ghana?
Opening a Ghanaian Brokerage Account
Step 1: Complete and Return the Account Opening Form. …
Step 2: Complete and Return the GSE Securities Depository Account Registration Form.
Step 3: Provide a Certified Copy of Your Passport and an Additional Passport-sized Photo.