22 Oct Upgraded Trading Platform At Ghana Stock Exchange Goes LIVE!
InfoTech Pvt Ltd successfully upgrade the existing trading platform at Ghana Stock Exchange (GSE), allowing the exchange to further expand, innovate and attract international investors. This achievement marks a great stride in the landmark project.
InfoTech deployed Capizar® ATS, a comprehensive trading platform that includes core-matching engine, FIX/FAST gateways, integrated risk management, corporate announcement module and support of multi asset types, which has made it the choice of emerging markets to boost their business value.
The initial automation of Ghana Stock Exchange (GSE) was also implemented by InfoTech and involved provisioning of a turnkey solution including automated trading system, related infrastructure, implementation services, customizations/modifications and trainings along with supplementary systems and maintenance & support.
The system upgrade not only considerably enhanced in terms of latest technologies but also improved market liquidity through new listings and public investments. Also bringing Exchange’s activities closer to international standards by state of art integrations with data vendors, improve liquidity via FIX protocol support, surveillance of trading related activities as par IOSCO principles and reduced risks associated with the market including loss of certificates and impersonation. The upgrade provides a concrete foundation for regional integration in West Africa according to the proven industry standard.
The contribution by InfoTech provided the impetus for GSE to win the “Most Innovative Stock Exchange of Africa” in 2009.