Soupmarkets

Brokerage · Asset management · Funds

Every African market. One record.

Soupmarkets runs equities, government bonds, treasury bills and funds for brokers and asset managers. Onboard, trade, settle and report in one place.

Example orderGSE · Equity
Side
BUY
Quantity
5,000
Limit
GHS 2.40
Account
Sample client
  1. SUBMITTED
  2. EXECUTED
  3. SETTLED

Contract note CN-000124 · posted to the ledger

  • GSE Ghana GHS
  • NGX Nigeria NGN
  • BRVM 8 WAEMU states XOF
  • JSE South Africa ZAR
  • NSE Kenya KES
  • EGX Egypt EGP
  • BVC Morocco MAD
  • BVMT Tunisia TND
  • LuSE Zambia ZMW
  • DSE Tanzania TZS
  • USE Uganda UGX
  • RSE Rwanda RWF
  • BSE Botswana BWP
  • NSX Namibia NAD
  • MSE Malawi MWK
  • ZSE Zimbabwe ZWG
  • SEM Mauritius MUR

Markets across the continent.

17 stock exchanges, from Casablanca to Johannesburg and Port Louis. Pick one to see its country and currency.

Map of Africa with 17 stock exchanges markedGSE
GSE

Ghana Stock Exchange

Country
Ghana
Currency
GHS
City
Accra

Market reference, not a list of live connections.

Equity and debt, side by side.

The same record holds a share purchase, a 91-day bill and a unit trust holding.

Equities

Listed shares on primary and secondary markets. Retail and block orders, from ticket to contract note.

  • Limit and market orders
  • Contract notes and commission
  • Custody positions for every client

Bonds and bills

Treasury bills are sold at a discount and repaid at face value. Government bonds and Eurobonds pay interest until they mature. A Eurobond is sold on international markets, usually in US dollars.

91d182d364d2y5y10y20y
Illustrative shape. Not market data.

91 days About three months. Ghana, Nigeria and Kenya all sell 91-day bills at their regular auctions.

Funds

Unit trusts and mutual funds, priced every day. Each unit’s price comes from the fund’s net asset value.

  • Subscriptions and redemptions
  • Daily unit pricing
  • Fund and client statements

The trades a desk actually runs.

Repo, spread and switch are single structures here, not two loose trades and a spreadsheet holding them together.

Repo

A repurchase agreement with an annualised rate and a day-count. Both legs come from one ticket.

Spread

The buy and the sell are priced as one position, so the desk’s spread is plain to see.

Switch

Move a client from one security to another in one instruction. Both contract notes come out together.

Proprietary

The firm trades its own book against inventory. Its position is checked before the trade.

Agency

Client orders on commission. The fee is shown on the contract note.

Primary and secondary

At par when a security is issued, at market price after that.

Example switchOne instruction
Client
Sample client
Sell
Sample bond
Buy
Sample bill
Contract noteSellSample bond
Contract noteBuySample bill
Both notes come from the one instruction, at the same time.
A repo on one ticket Sample data on a test system.

One platform, four ways in.

The desk, the fund manager and the client all work on the same record.

Brokerage

Orders, trade tickets, contract notes and settlement for a dealing desk.

  • OTC and exchange trades
  • Retail and block orders
  • Bulk approval of tickets

Asset management

Portfolios, mandates and funds, valued on the same ledger as the trades.

  • Unit trust and mutual fund pricing
  • Fees calculated on the record
  • Client and fund statements

Client portal and app

Clients open accounts, place orders and read statements on the web or their phone.

  • Self-service KYC
  • Orders and holdings
  • Statements on demand

Hi Ama.

Welcome to the Portal!

1. Deposit

2. Withdrawal

3. History

4. Account

USSD and WhatsApp

A feature phone reaches the same book as a browser.

  • Any GSM phone, no data needed
  • Chat on WhatsApp
  • Same balances, same record
Clients on any phone Sample data on a test system.

From first form to final report.

Four steps, one record. Each clip is the real product on a test system.

Onboarding a client Sample data on a test system.

Built into the record.

Not a report you run afterwards. Every approval, posting and return is kept with the user who made it.

SEC Ghana

Returns drawn from live data.

goAML

The regulator’s own format.

AML and CFT

Screened at onboarding, and after.

Audit trail

Named user. Timestamped.

Audit trail · example

  • Compliance officer approved a KYC file APPROVED
  • Dealer placed an order SUBMITTED
  • Supervisor approved a trade ticket APPROVED

The short version.

  • 17African stock exchanges on our mapSource: african-markets.com
  • 3Treasury bill tenors: 91, 182 and 364 daysBank of Ghana, CBK, DMO Nigeria
  • 4Ways clients reach you: web, app, USSD, WhatsAppSoupmarkets channels
  • 6Modules: onboarding, trading, ledger, funds, reports, auditSoupmarkets platform
  • 1Record behind all of itNo second system to reconcile

Book a demo

Tell us what you trade and who you report to, and we will show you the parts that matter. Prefer email? Write to help@soupmarkets.com.

  • A walkthrough on your instruments, not a generic sandbox
  • Answers on custody, settlement and reporting specifics
  • No obligation, and we will not add you to a mailing list
We reply within one business day.