gse securities depository company ltd ameda presentation april 26, 2012
TRANSCRIPT
![Page 1: GSE SECURITIES DEPOSITORY COMPANY LTD AMEDA PRESENTATION APRIL 26, 2012](https://reader036.vdocument.in/reader036/viewer/2022082418/5697bf891a28abf838c8a30a/html5/thumbnails/1.jpg)
GSE SECURITIES DEPOSITORY COMPANY LTD
AMEDA PRESENTATION
APRIL 26, 2012
![Page 2: GSE SECURITIES DEPOSITORY COMPANY LTD AMEDA PRESENTATION APRIL 26, 2012](https://reader036.vdocument.in/reader036/viewer/2022082418/5697bf891a28abf838c8a30a/html5/thumbnails/2.jpg)
CORPORATE ACTIONS
• Ghana Stock Exchange is primary source of corporate action
• GSD does not process information• Provides entitlement list to Registrars • Final upload is done at the GSD and accounts
are credited• With regards to bonus issue accounts are
credited directly after apply date is communicated by Issuer
![Page 3: GSE SECURITIES DEPOSITORY COMPANY LTD AMEDA PRESENTATION APRIL 26, 2012](https://reader036.vdocument.in/reader036/viewer/2022082418/5697bf891a28abf838c8a30a/html5/thumbnails/3.jpg)
SETTLEMENT MODEL (BIS MODEL II)
• Settlement cycle T + 3• Guarantee Fund • Each clearing member has a committed line of
credit with a bank• Settlement Bank – commercial bank
electronically linked with the Clearing House• Net cash settlement, Gross Securities
Settlement