{"id":596983,"date":"2019-07-14T04:15:39","date_gmt":"2019-07-14T04:15:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/14\/fra-grants-prime-holdings-brokerage-arm-short-selling-license\/"},"modified":"2019-07-14T04:15:39","modified_gmt":"2019-07-14T04:15:39","slug":"fra-grants-prime-holdings-brokerage-arm-short-selling-license","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/14\/fra-grants-prime-holdings-brokerage-arm-short-selling-license\/","title":{"rendered":"FRA grants Prime Holdings brokerage arm short-selling license"},"content":{"rendered":"<p>The Financial Regulatory Authority (FRA) approved granting Prime Holdings a short-seller\u2019s license, <a href=\"https:\/\/www.alborsaanews.com\/2019\/07\/11\/1224037\">local press reported<\/a> on Thursday. Prime\u2019s brokerage arm becomes the fifth to receive the license, joining the brokerage arms of Arqaam, EFG Hermes, CI Capital, and the Arab African International Securities. Short-selling transactions are expected to begin in 3Q2019, according to <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/03\/short-selling-expected-to-be-activated-in-3q2019\/\">statements by FRA deputy head Khaled El Nashar<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Financial Regulatory Authority (FRA) approved granting Prime Holdings a short-seller\u2019s license, local press reported on Thursday. Prime\u2019s brokerage arm becomes the fifth to receive the license, joining the brokerage arms of Arqaam, EFG Hermes, CI Capital, and the Arab African International Securities. Short-selling transactions are expected to begin in 3Q2019, according to statements by [&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":[2372,72,76,3307,831],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596983","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","tag-financial-regulatory-authority","tag-pioneers-holding","tag-short-selling","wpautop","entry"],"acf":{"mongo_id":"cc853274-ccb3-4326-957f-f33981747ef4","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[596948],"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 Prime Holdings brokerage arm short-selling license - 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\/07\/14\/fra-grants-prime-holdings-brokerage-arm-short-selling-license\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FRA grants Prime Holdings brokerage arm short-selling license\" \/>\n<meta property=\"og:description\" content=\"The Financial Regulatory Authority (FRA) approved granting Prime Holdings a short-seller\u2019s license, local press reported on Thursday. Prime\u2019s brokerage arm becomes the fifth to receive the license, joining the brokerage arms of Arqaam, EFG Hermes, CI Capital, and the Arab African International Securities. Short-selling transactions are expected to begin in 3Q2019, according to statements by [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/14\/fra-grants-prime-holdings-brokerage-arm-short-selling-license\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-14T04:15:39+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\/07\/14\/fra-grants-prime-holdings-brokerage-arm-short-selling-license\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/14\/fra-grants-prime-holdings-brokerage-arm-short-selling-license\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"FRA grants Prime Holdings brokerage arm short-selling license\",\"datePublished\":\"2019-07-14T04:15:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/14\/fra-grants-prime-holdings-brokerage-arm-short-selling-license\/\"},\"wordCount\":71,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\",\"Financial Regulatory Authority\",\"Pioneers Holding\",\"short selling\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/14\/fra-grants-prime-holdings-brokerage-arm-short-selling-license\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/14\/fra-grants-prime-holdings-brokerage-arm-short-selling-license\/\",\"name\":\"FRA grants Prime Holdings brokerage arm short-selling license - 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Short-selling transactions are expected to begin in 3Q2019, according to statements by [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/14\/fra-grants-prime-holdings-brokerage-arm-short-selling-license\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2019-07-14T04:15:39+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/14\/fra-grants-prime-holdings-brokerage-arm-short-selling-license\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/14\/fra-grants-prime-holdings-brokerage-arm-short-selling-license\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"FRA grants Prime Holdings brokerage arm short-selling license","datePublished":"2019-07-14T04:15:39+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/14\/fra-grants-prime-holdings-brokerage-arm-short-selling-license\/"},"wordCount":71,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["BANKING + FINANCE","EnterpriseAM","Financial Regulatory Authority","Pioneers Holding","short selling"],"articleSection":["Banking + Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/14\/fra-grants-prime-holdings-brokerage-arm-short-selling-license\/","url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/14\/fra-grants-prime-holdings-brokerage-arm-short-selling-license\/","name":"FRA grants Prime Holdings brokerage arm short-selling license - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2019-07-14T04:15:39+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/14\/fra-grants-prime-holdings-brokerage-arm-short-selling-license\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2019\/07\/14\/fra-grants-prime-holdings-brokerage-arm-short-selling-license\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/14\/fra-grants-prime-holdings-brokerage-arm-short-selling-license\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"FRA grants Prime Holdings brokerage arm short-selling license"}]},{"@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":597329,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/22\/egypts-market-regulator-grants-tycoon-brokerage-a-short-selling-license\/","url_meta":{"origin":596983,"position":0},"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":[]},{"id":597062,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/15\/hc-securities-brokerage-arm-receives-short-seller-license\/","url_meta":{"origin":596983,"position":1},"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":593162,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/fra-grants-short-selling-licenses-to-51-brokerages\/","url_meta":{"origin":596983,"position":2},"title":"FRA grants short selling licenses to 51 brokerages","author":"enterpriseam admin","date":"19 November 2019","format":false,"excerpt":"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\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":596894,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/blom-egypt-securities-applies-for-short-selling-license\/","url_meta":{"origin":596983,"position":3},"title":"Blom Egypt Securities applies for short selling license","author":"enterpriseam admin","date":"10 July 2019","format":false,"excerpt":"Blom Egypt Securities has applied for a short selling license from the Financial Regulatory Authority (FRA), Managing Director Mohamed Fathalla told Al Mal. Blom Bank Egypt\u2019s brokerage arm could become the latest to acquire the license after the FRA granted it to EFG Hermes, CI Capital, the Arab African International\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":596983,"position":4},"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":596983,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/596983","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=596983"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/596983\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/596948"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=596983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=596983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=596983"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=596983"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=596983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}