(THE GUYANA STOCK EXCHANGE). MECHANICS OF TRADING By George Edwards. What GASCI Does. GASCI operates a market in securities which matches buyers and sellers and generates “confirmed trades” which the brokers are legally committed to honour. Trading is supported by a “Limit Order Book”
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MECHANICS OF TRADING
By George Edwards
The investor may
Specify a price or a price range.
Give the broker the discretion to negotiate
the most favourable price.
Note: The broker is bound by law to obtain the best price available on the market for the investor i.e. for the buyer – the lowest price available
for the seller – the highest price available
Trading takes places on Mondays or Wednesdays when Monday is a Public Holiday. Trading starts at 10:00am