Bank of Ghana hails tech upgrade in forex market

The Bank of Ghana (BoG) and Refinitiv are rolling out a new matching system that the central bank says will deepen the local foreign exchange market and reduce fragmentation.

Refinitiv’s Spot Matching platform went live on February 21. It allows for transparent price discovery and trading, encouraging a move away from the over-the-counter FX trading that previously predominated.

Bank of Ghana governor, Ernest Addison, said markets that relied on OTC trading tended to be “highly fragmented” and

You are currently unable to copy this content. Please contact [email protected] to find out more.

Source link

Free Course

"Double Your Traffic in 30 days" + Secret Bonus

valued at $299

This amazing course will teach you, step by step, how to double if not triple your traffic over the next 30 days.

100% Privacy. We will never spam you!