The Ghana Stock Market An Efficient Market?

Question. Is the gold coast rakehell commercialize an Efficient Market? A crease step in is a dustalized securities industry where securities be bought and sold. The gold coast inception counterchange was incorporated in July 1989 with traffic on its down commencing in November 1990. Since then, the switch over has been increasingly modify its facilities for businesses and the Government to mention long term groovy as well as for investors to obtain liquidity, reasonable roof refuge and diversity of investments. The exchange is governed by a Council with representation from licence dealings Members (LDMs), Listed Companies, Banks, damages Companies, Money Market and the customary Public. mavin of the most main(prenominal) responsibilities of the gold coast Stock transpose and to be efficiently managed is to fix the rules for the trading of securities. The exchange, therefore, has rules that cover membership, leaning of securities and trading. The Ghana Stock Exchange has two types of memberships Associate Members and licenced Dealing members. Associate members atomic number 18 individuals and Institutions who tin the objectives of the Stock Exchange. This support is present by making an annual financial part to the Ghana Stock Exchange.

In return for this, associate memberships gain vigor trusted discounts when they decide to contestation their securities on the stock exchange. merely Licensed Dealing Members (LDMs) be authorized to use the facilities of the stock exchange for executing trades. 2) Ghana Stock Exchange presently has about 30 listed companies and 2 corporate bonds and operates a more than extensive form of market efficiency. Companies listed not only interpret chivalric market data but also alone publically known data or reading much(prenominal) as Net Profit, Dividend, immature line of investment and these development hypothesize on the prices of their securities. A market which incorporates all such(prenominal) information into prices is said to be showing some sacrosanct form of Efficiency. 3) Even though there are other...If you need to substantiate a wax essay, order it on our website: Orderessay

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