{"id":560281,"date":"2021-02-22T04:33:13","date_gmt":"2021-02-22T04:33:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/kids-you-can-trade-on-the-egx-but-dont-cause-a-ruckus\/"},"modified":"2021-02-22T04:33:13","modified_gmt":"2021-02-22T04:33:13","slug":"kids-you-can-trade-on-the-egx-but-dont-cause-a-ruckus","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/kids-you-can-trade-on-the-egx-but-dont-cause-a-ruckus\/","title":{"rendered":"Kids: You can trade on the EGX, but don\u2019t cause a ruckus"},"content":{"rendered":"

Individuals aged 16-21 can<\/strong> get in on EGX trading, but can only have a maximum of <\/strong>EGP 10k of stocks in their portfolio<\/strong> under new rules by the Financial Regulatory Authority (pdf)<\/a>. The regs also forbids under-21s from taking out margin calls or short-sell stocks. The new rules come as the worlds of banking and finance are also being opened up to the same age group. FRA boss Mohamed Omran had said<\/a> that financial products specifically targeting young people could be offered to individuals below the age of 21 at now service charge in a bid to encourage financial inclusion. This followed instructions<\/a> from the Central Bank of Egypt to allow those under the legal age to open bank accounts without their parents or guardians\u2019 consent and be given access to a limited number of banking services.<\/p>\n","protected":false},"excerpt":{"rendered":"

Individuals aged 16-21 can get in on EGX trading, but can only have a maximum of EGP 10k of stocks in their portfolio under new rules by the Financial Regulatory Authority (pdf). The regs also forbids under-21s from taking out margin calls or short-sell stocks. The new rules come as the worlds of banking and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8614],"tags":[102,72,76,343,871],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-560281","post","type-post","status-publish","format-standard","hentry","category-regulation-watch","tag-capital-markets","tag-enterpriseam","tag-financial-regulatory-authority","tag-regulation","tag-regulation-watch","wpautop","entry"],"acf":{"mongo_id":"daacade6-1abc-405f-9a6e-4db398cb1dc2","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[560263],"teaser":"","voice_url":""},"yoast_head":"\nKids: You can trade on the EGX, but don\u2019t cause a ruckus - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/kids-you-can-trade-on-the-egx-but-dont-cause-a-ruckus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kids: You can trade on the EGX, but don\u2019t cause a ruckus\" \/>\n<meta property=\"og:description\" content=\"Individuals aged 16-21 can get in on EGX trading, but can only have a maximum of EGP 10k of stocks in their portfolio under new rules by the Financial Regulatory Authority (pdf). The regs also forbids under-21s from taking out margin calls or short-sell stocks. The new rules come as the worlds of banking and […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/kids-you-can-trade-on-the-egx-but-dont-cause-a-ruckus\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-22T04:33:13+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/kids-you-can-trade-on-the-egx-but-dont-cause-a-ruckus\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/kids-you-can-trade-on-the-egx-but-dont-cause-a-ruckus\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Kids: You can trade on the EGX, but don\u2019t cause a ruckus\",\"datePublished\":\"2021-02-22T04:33:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/kids-you-can-trade-on-the-egx-but-dont-cause-a-ruckus\/\"},\"wordCount\":150,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"capital markets\",\"EnterpriseAM\",\"Financial Regulatory Authority\",\"regulation\",\"regulation watch\"],\"articleSection\":[\"REGULATION WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/kids-you-can-trade-on-the-egx-but-dont-cause-a-ruckus\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/kids-you-can-trade-on-the-egx-but-dont-cause-a-ruckus\/\",\"name\":\"Kids: You can trade on the EGX, but don\u2019t cause a ruckus - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2021-02-22T04:33:13+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/kids-you-can-trade-on-the-egx-but-dont-cause-a-ruckus\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/kids-you-can-trade-on-the-egx-but-dont-cause-a-ruckus\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/kids-you-can-trade-on-the-egx-but-dont-cause-a-ruckus\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Kids: You can trade on the EGX, but don\u2019t cause a ruckus\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Kids: You can trade on the EGX, but don\u2019t cause a ruckus - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/kids-you-can-trade-on-the-egx-but-dont-cause-a-ruckus\/","og_locale":"en_US","og_type":"article","og_title":"Kids: You can trade on the EGX, but don\u2019t cause a ruckus","og_description":"Individuals aged 16-21 can get in on EGX trading, but can only have a maximum of EGP 10k of stocks in their portfolio under new rules by the Financial Regulatory Authority (pdf). The regs also forbids under-21s from taking out margin calls or short-sell stocks. The new rules come as the worlds of banking and […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/kids-you-can-trade-on-the-egx-but-dont-cause-a-ruckus\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-02-22T04:33:13+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/kids-you-can-trade-on-the-egx-but-dont-cause-a-ruckus\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/kids-you-can-trade-on-the-egx-but-dont-cause-a-ruckus\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Kids: You can trade on the EGX, but don\u2019t cause a ruckus","datePublished":"2021-02-22T04:33:13+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/kids-you-can-trade-on-the-egx-but-dont-cause-a-ruckus\/"},"wordCount":150,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["capital markets","EnterpriseAM","Financial Regulatory Authority","regulation","regulation watch"],"articleSection":["REGULATION WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/kids-you-can-trade-on-the-egx-but-dont-cause-a-ruckus\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/kids-you-can-trade-on-the-egx-but-dont-cause-a-ruckus\/","name":"Kids: You can trade on the EGX, but don\u2019t cause a ruckus - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2021-02-22T04:33:13+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/kids-you-can-trade-on-the-egx-but-dont-cause-a-ruckus\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/kids-you-can-trade-on-the-egx-but-dont-cause-a-ruckus\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/22\/kids-you-can-trade-on-the-egx-but-dont-cause-a-ruckus\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Kids: You can trade on the EGX, but don\u2019t cause a ruckus"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":553490,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/06\/fra-signals-crackdown-on-meme-stocks\/","url_meta":{"origin":560281,"position":0},"title":"FRA signals crackdown on meme stocks","author":"enterpriseam admin","date":"6 December 2021","format":false,"excerpt":"Sending Egyptian stonks to the moon is about to get harder: Investors could face criminal charges for sharing share tips on social media under proposed amendments to the Capital Markets Act put forward by the Financial Regulatory Authority (FRA) yesterday. Fines and prison sentences of between three and 10 years\u2026","rel":"","context":"In "REGULATION WATCH"","block_context":{"text":"REGULATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/233.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570879,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/21\/fra-rules-you-cant-be-both-ceo-and-chairman-of-an-egx-listed-company\/","url_meta":{"origin":560281,"position":1},"title":"FRA rules you can\u2019t be both CEO and chairman of an EGX-listed company","author":"enterpriseam admin","date":"21 April 2020","format":false,"excerpt":"REGULATION WATCH- FRA rules you can\u2019t be both CEO and chairman of an EGX-listed company: The Financial Regulatory Authority (FRA) has issued a decision requiring EGX-listed companies to separate the positions of CEO and chairman in a bid to improve governance, according to a statement. Companies are required to comply\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599739,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/egx-issues-regulations-for-market-makers-in-egypt\/","url_meta":{"origin":560281,"position":2},"title":"EGX issues regulations for market makers in Egypt","author":"enterpriseam admin","date":"9 January 2019","format":false,"excerpt":"REGULATION WATCH- The EGX issued on Sunday the regulations allowing brokerage firms to act as market makers, allowing them to both buy and sell securities from their own inventory at prices they have a measure of control over, according to a statement (pdf). The tool is one of several financial\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/11\/707.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548591,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/the-egx-can-now-hit-ctrl-z-on-suspect-trades\/","url_meta":{"origin":560281,"position":3},"title":"The EGX can now hit Ctrl-Z on suspect trades","author":"enterpriseam admin","date":"15 August 2022","format":false,"excerpt":"The EGX just got an \u201cundo\u201d button on suspicious bourse trades: The Financial Regulatory Authority (FRA) has approved a proposal from the EGX allowing it to prompt securities brokers to reverse transactions that appear to have violated trading rules, according to an EGX press release. The move hands the bourse\u2026","rel":"","context":"In "REGULATION WATCH"","block_context":{"text":"REGULATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/244.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":561333,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/04\/brokerages-call-for-restrictions-on-margin-trading\/","url_meta":{"origin":560281,"position":4},"title":"Brokerages call for restrictions on margin trading","author":"enterpriseam admin","date":"4 April 2021","format":false,"excerpt":"Market players proposed introducing restrictions on margin trading during a meeting with the Financial Regulatory Authority (FRA) last week, the regulator said in a statement (pdf) yesterday. Representatives from a handful of brokerages and custodians called for regulators to put a maximum limit on the volume of margin trades allowed\u2026","rel":"","context":"In "REGULATION WATCH"","block_context":{"text":"REGULATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":560081,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/15\/kiddie-menu-for-finance\/","url_meta":{"origin":560281,"position":5},"title":"Kiddie menu for finance","author":"enterpriseam admin","date":"15 February 2021","format":false,"excerpt":"SMART POLICY- Non-bank lenders could soon scrap service charges on financial products sold to customers aged 16-21 in a bid to promote financial inclusion, Financial Regulatory Authority (FRA) boss Mohamed Omran said in a statement. Financial products that specifically target young people \u2014 including some insurance policies, microfinance loans, leasing\u2026","rel":"","context":"In "FINANCIAL INCLUSION"","block_context":{"text":"FINANCIAL INCLUSION","link":"https:\/\/enterpriseam.com\/egypt\/category\/financial-inclusion\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/560281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=560281"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/560281\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/560263"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=560281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=560281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=560281"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=560281"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=560281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}