{"id":593162,"date":"2019-11-19T04:12:29","date_gmt":"2019-11-19T04:12:29","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/fra-grants-short-selling-licenses-to-51-brokerages\/"},"modified":"2019-11-19T04:12:29","modified_gmt":"2019-11-19T04:12:29","slug":"fra-grants-short-selling-licenses-to-51-brokerages","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/fra-grants-short-selling-licenses-to-51-brokerages\/","title":{"rendered":"FRA grants short selling licenses to 51 brokerages"},"content":{"rendered":"<p>The Financial Regulatory Authority has granted short selling licenses to 51 brokerage firms, an unnamed FRA official <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFXXN27Y00A\">tells Reuters<\/a>. We know from previous news reports that Pharos was among the latest to acquire the license <a href=\"https:\/\/enterprise.press\/stories\/2019\/09\/24\/pharos-acquires-short-selling-license\/\">in September<\/a>, joining a growing list that<a href=\"https:\/\/enterprise.press\/stories\/2019\/09\/02\/egyptian-market-regulator-grants-cairo-capital-securities-short-selling-license\/\">also includes<\/a> EFG Hermes, CI Capital, Prime Holdings, HC Securities, Cairo Capital Securities, Shuaa Securities, Arqaam, the Arab African International Securities, and Premiere Securities. Short selling could officially be introduced to the EGX <a href=\"https:\/\/enterprise.press\/stories\/2019\/11\/18\/fra-prepares-for-launching-short-selling-by-the-end-of-this-year-6466\/\">as early as next month<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Financial Regulatory Authority has granted short selling licenses to 51 brokerage firms, an unnamed FRA official tells Reuters. We know from previous news reports that Pharos was among the latest to acquire the license in September, joining a growing list thatalso includes EFG Hermes, CI Capital, Prime Holdings, HC Securities, Cairo Capital Securities, Shuaa [&hellip;]<\/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":[9298],"tags":[1125,1258,2372,1993,136,84,72,76,811,11065,976,831,1116],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-593162","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-arab-african-international-securities","tag-arqaam-capital","tag-banking-finance","tag-cairo-capital-securities","tag-ci-capital","tag-efg-hermes","tag-enterpriseam","tag-financial-regulatory-authority","tag-hc-securities","tag-premiere-securities","tag-prime-holding","tag-short-selling","tag-shuaa-securities","wpautop","entry"],"acf":{"mongo_id":"fa258829-7ff4-4c5f-970a-3918ecffcf4f","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[593130],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>FRA grants short selling licenses to 51 brokerages - 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\/2019\/11\/19\/fra-grants-short-selling-licenses-to-51-brokerages\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FRA grants short selling licenses to 51 brokerages\" \/>\n<meta property=\"og:description\" content=\"The Financial Regulatory Authority has granted short selling licenses to 51 brokerage firms, an unnamed FRA official tells Reuters. We know from previous news reports that Pharos was among the latest to acquire the license in September, joining a growing list thatalso includes EFG Hermes, CI Capital, Prime Holdings, HC Securities, Cairo Capital Securities, Shuaa [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/fra-grants-short-selling-licenses-to-51-brokerages\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-19T04:12:29+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/fra-grants-short-selling-licenses-to-51-brokerages\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/fra-grants-short-selling-licenses-to-51-brokerages\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"FRA grants short selling licenses to 51 brokerages\",\"datePublished\":\"2019-11-19T04:12:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/fra-grants-short-selling-licenses-to-51-brokerages\/\"},\"wordCount\":85,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Arab African International Securities\",\"Arqaam Capital\",\"BANKING + FINANCE\",\"Cairo Capital Securities\",\"CI Capital\",\"EFG Hermes\",\"EnterpriseAM\",\"Financial Regulatory Authority\",\"HC Securities\",\"Premiere Securities\",\"Prime Holding\",\"short selling\",\"Shuaa Securities\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/fra-grants-short-selling-licenses-to-51-brokerages\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/fra-grants-short-selling-licenses-to-51-brokerages\/\",\"name\":\"FRA grants short selling licenses to 51 brokerages - 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The growing listof brokerages authorized to short sell includes Arqaam, EFG Hermes, CI Capital, the Arab African International Securities, Prime Holdings, HC Securities, and Premiere Securities. Short selling transactions are due to hit the EGX\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594617,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/egyptian-market-regulator-grants-cairo-capital-securities-short-selling-license\/","url_meta":{"origin":593162,"position":1},"title":"Egyptian market regulator grants Cairo Capital Securities short selling license","author":"enterpriseam admin","date":"2 September 2019","format":false,"excerpt":"Cairo Capital Securities has joined the growing list of brokerage firms authorized by the Financial Regulatory Authority to short sell, CEO Ahmed Abu Hussein said, according to Al Mal. Shuaa Securities, Arqaam, EFG Hermes, CI Capital, the Arab African International Securities, Prime Holdings, HC Securities, and Premiere Securities have all\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597424,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/25\/fra-awards-premiere-securities-short-selling-license\/","url_meta":{"origin":593162,"position":2},"title":"FRA awards Premiere Securities short selling license","author":"enterpriseam admin","date":"25 July 2019","format":false,"excerpt":"The Financial Regulatory Authority has granted Premiere Securities a short selling license, the local press reported. The company joins a growing list of brokerages authorized to short sell \u2014 including Arqaam, EFG Hermes, CI Capital, the Arab African International Securities, Prime Holdings, and HC Securities. Short selling transactions are expected\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595034,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/15\/shorts-are-expected-to-come-to-egypts-stock-exchange-in-november\/","url_meta":{"origin":593162,"position":3},"title":"Shorts are expected to come to Egypt\u2019s stock exchange in November","author":"enterpriseam admin","date":"15 September 2019","format":false,"excerpt":"Shorts are expected to begin in November: The Financial Regulatory Authority (FRA) is expected to give the green light to begin short-selling on the EGX in November, FRA deputy head Khaled El Nashar said on Thursday following a meeting with FRA\u2019s consultation council, and the heads of the EGX and\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":597062,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/hc-securities-brokerage-arm-receives-short-seller-license\/","url_meta":{"origin":593162,"position":4},"title":"HC Securities\u2019 brokerage arm receives short-seller license","author":"enterpriseam admin","date":"15 July 2019","format":false,"excerpt":"HC Securities\u2019 brokerage arm became the latest investment bank to receive a license approval from the Financial Regulatory Authority to become a short seller, HC said in a statement (pdf), joining the brokerage arms of Arqaam, EFG Hermes, CI Capital, the Arab African International Securities and Prime Holdings.","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597329,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/22\/egypts-market-regulator-grants-tycoon-brokerage-a-short-selling-license\/","url_meta":{"origin":593162,"position":5},"title":"Egypt\u2019s market regulator grants Tycoon brokerage a short selling license","author":"enterpriseam admin","date":"22 July 2019","format":false,"excerpt":"The Financial Regulatory Authority (FRA) has granted Tycoon Securities Brokerage a short selling license, according to Al Mal. The company will now join seven others authorized to short sell \u2014 including Arqaam, EFG Hermes, CI Capital, the Arab African International Securities, Prime Holdings, and HC Securities. Short selling transactions are\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"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\/593162","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=593162"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/593162\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/593130"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=593162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=593162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=593162"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=593162"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=593162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}