Accra, 12 September 2023
Frontclear in partnership with the Ghana Fixed Income Market (GFIM) launch Tradeclear Feasibility
Frontclear in collaboration with the GFIM and under the leadership of the Ghana Stock Exchange, launched the Tradeclear Feasibility Study in Accra. Given Frontclear has solid knowledge of the Ghanaian market stemming from the 7 years of work on the legal and regulatory environment, transactions and operational settlement, it is estimated to require 3-5 months to develop a tailored Tradeclear structure – a guarantee facility for domestic interbank market participants. The session was attended by 107 participants (51% banking staff across 23 banks; 38% brokers; and 10% regulators).