REGULATION WATCH- The EGX has decided to allow using private investment funds' cash securities as collateral for margin trading, according to a statement picked up by Hapi Journal. The securities will be evaluated on a daily basis by management companies, and can be traded in for cash within one working day. The decision aims to encourage margin trading and raise turnover on the bourse. The executive regulations to the Capital Markets Act, which were issued in July 2018, opened the door to the introduction of new financial instruments, including short selling, and a futures and commodities exchange
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