New trading mechanisms to be offered in the Egyptian Capital market

CAIRO – 12 August 2017: New trading mechanisms are to be offered to advance the Egyptian capital market through use of modern technology that will feature secure borrowing and advanced trading system in the Egyptian Stock Exchange on Saturday.

The current system includes transactions and procurement system margin. Mohamed Farid, President of Egyptian Stock Exchange, stated that enhancing financial tools in the stock that will provide funds easily to Egyptian companies according to a released statement by Egyptian Stock Exchange.

Misr for Central Clearing, Depository, and Registry welcomes advancing the Egyptian capital market that comes as a meeting between Minister of Investment and International Cooperation Sahar Nasr and Farid in efforts to overlook ways to advance the Egyptian financial system.

Both sides agreed on re-develop the training and tariff programs in parallel to the completion with the technological and the organizational aspects that are being approved by the General Authority for Financial Supervision.