Trading of the securities on the market is through over-the-counter arrangement but through a standardised platform on the E-Bond system. Trading could be executed through:
- Request for quotes method; or by
- An anonymous or firm order placed in the system; or by
- Voice trading
Request for quotes are made on benchmarked securities in standard amount of GH¢500,000 or multiples of the standard amount. Firm orders on the other hand may be in any amount other than the standard amount but in multiples of GH¢ 10.00. In trading, primary dealers shall have to provide a two-way quotes for all agreed benchmarked securities while all other dealers may have to provide indicative quotes for the benchmarked securities.
The securities are traded on the maximum spreads of 50 basis points. GFIM may vary the maximum spreads on the listed securities from time to time.