π΄ Do you know whose order gets filled first on the Ghana Stock Exchange?
It's not luck. It's not who you know. There's a rulebook β and it's called *Order Priority.*
Here's exactly how it works π
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1οΈβ£ Price Comes First
The best price always wins. If you're offering the highest price to buy, you're first in the queue. If you're asking the lowest price to sell, same thing β you go first.
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2οΈβ£ Then It's a Time Race β±οΈ
If two orders are at the exact same price? The one that arrived *earlier* wins. Every second counts on the trading floor.
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3οΈβ£ You Beat Your Own Broker π€―
This is the one most investors don't know.
If you and your Licensed Dealing Member (broker/LDM) place orders at the *same price*, within the *same office β your order takes priority over theirs.
The rules literally stop your broker from cutting in front of you.
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π‘ Bottom Line
Order execution on the GSE isn't random. It follows:
> π Best Price β β° Earliest Time β π€ Client Before Broker
Know your rights as an investor.
π Source: GSE Trading Rules, Rule 16 β May 2020
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