Margin
This is aimed at maximizing the efficiency of the capital market and achieving transparency in the mechanisms of dealing with activities specialized in securities, following the approval of the Authority’s Board of Directors in its remote meeting.
The margin system allows the customer to buy a security by paying a part of its value in cash, while the rest is paid by a loan from the brokerage company which he deals with.
Omran clarified that this will take place by allowing factoring companies to provide the service of deduction of the future financial rights of stock brokerage companies arising from engaging in the activity of buying securities on margin.
Nestle, the world’s biggest packaged food group, is doubling spending on its restructuring this year to cope with its weakest sales growth.