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Egypt’s FRA accepts EGX proposal to extend short selling period to 6 months
REGULATION WATCH- FRA accepts EGX proposal to extend short selling, settling margin position period to 6 months: The Financial Regulatory…
Egypt halts flights to China, evacuates citizens in Wuhan as coronavirus declared int’l health emergency
Egypt halts flights to China, evacuates citizens in Wuhan as coronavirus declared int’l health emergency: The government has begun evacuating…
EGX struggles on low trading volumes, lack of new listings
EGX struggles on low trading volumes, lack of new listings: Egyptian equities are struggling to attract investors due to low…
Short selling comes to the Egyptian stock market
Short selling comes to the EGX: The EGX and Misr for Central Clearing, Depository & Registry (MCDR) yesterday launched short…
Brokerages aren’t happy with how much Egypt’s short selling electronic system is going to cost them
REGULATION WATCH- Brokerages aren’t happy with how much the short selling electronic system is going to cost them: Brokerage firms…
FRA grants short selling licenses to 51 brokerages
The Financial Regulatory Authority has granted short selling licenses to 51 brokerage firms, an unnamed FRA official tells Reuters. We…
FRA prepares for launching short selling by the end of this year
FRA holds consultations to prepare for introduction of short selling by the end of this year: The Financial Regulatory Authority’s…
EGX approves using private investment funds' cash securities as collateral for margin trading
REGULATION WATCH- The EGX has decided to allow using private investment funds' cash securities as collateral for margin trading, according…
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