Trade Surveillance | Ghana Commodity Exchange

GCX offers adequate protection for its members to ensure proper price discovery.

GCX strives to preserve the integrity of price discovery process by monitoring the market to detect and deter the following:

  • Market manipulation practices; members who deceive in prices or volume
  • Insider trading; commodity trading made by GCX employee or affiliate based on insider information
  • Misstatement; Rumours or false information to mislead the public in making a commodity trading decision.

GCX ICT monitors the market and generates real time price and volume alerts for each clearing member’s unusual trade activities. Transaction prices and trade volumes in each commodity traded are linked in real time to historical data and analysed to detect any unusual patterns, following which alerts are given by the market surveillance team.