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PR 122/2020 – GSE  UPDATE TO INVESTING PUBLIC ON THE EXCHANGE’S PREPAREDNESS TO CORONAVIRUS DISEASE

In furtherance to the previous Press Release  No 111/2020 which was issued on the 20th of March, 2020 to the investing public and the Notice No. SEC/PN/003/03/2020 that has been issued by the Securities and Exchange Commission  to all Capital Market Operators and Investors, the GSE is reiterating  and assuring all investors that it will be fully operational  considering all directives that has currently been issued by the Government.

The Ghana Stock Exchange wishes to inform the general investing public that its offices will be physically closed during the period of the restriction on movement.

However, trading on the market will continue uninterrupted. This is because the Exchange operates its market on an Automated Trading System (ATS) which brokers trade on via the internet and a Wide Area Network (WAN).  The Exchange also has a Disaster Recovery Site (DRS) which allows seamless business continuity when the need arises. Consequently, investors will be able to have their orders executed by their brokers via the Licensed Dealing Members (LDMs).

The Staff of the Exchange will also be working from home to ensure that all activities of the Exchange falls in line as expected.

The Exchange continues to closely monitor the national situation of this pandemic and will respond accordingly. We encourage the general public to adhere to the guidelines on precautionary measures provided by the Ghana Health Service.

Issued in Accra, this 29th day of March, 2020.