OTC market is one of them. So we have developed the rules and framework, awaiting the approval from the regulator.”“The OTC market is targeted at companies, that is, public limited liability companies, that have floated shares on the GSE but are not listed. So what the exchange is doing is to create the environment for public companies to trade their unlisted shares on the market.” Afedzie added. Meanwhile, an Over-the-Counter (OTC) market is termed as a decentralised avenue in which participants can trade stocks, commodities and currencies. Participants on the platform can also trade other instruments directly between them without a central exchange or broker.

Source: GhanaWeb May 26, 2021 17:26 UTC