{"id":597116,"date":"2019-07-16T04:21:22","date_gmt":"2019-07-16T04:21:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/16\/ostoul-obtains-primary-dealer-license-from-fra-for-egp-denominated-securities\/"},"modified":"2019-07-16T04:21:22","modified_gmt":"2019-07-16T04:21:22","slug":"ostoul-obtains-primary-dealer-license-from-fra-for-egp-denominated-securities","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/16\/ostoul-obtains-primary-dealer-license-from-fra-for-egp-denominated-securities\/","title":{"rendered":"Ostoul obtains primary dealer license from FRA for EGP-denominated securities"},"content":{"rendered":"<p>Ostoul Securities Brokerage has obtained a license from the Financial Regulatory Authority to begin in August operating as a primary dealer for EGP-denominated government debt investors, CEO Mohamed Lotfy <a href=\"https:\/\/almalnews.com\/%D8%A3%D8%B3%D8%B7%D9%88%D9%84-%D9%84%D9%84%D8%B3%D9%85%D8%B3%D8%B1%D8%A9-%D8%AA%D8%AD%D8%B5%D9%84-%D8%B9%D9%84%D9%89-%D8%B1%D8%AE%D8%B5%D8%A9-%D8%A7%D9%84%D9%85%D8%AA%D8%B9%D8%A7%D9%85%D9%84\/\">tells Al Mal<\/a>. The move to obtain the license is part of the firm\u2019s expansion plan, which will see it apply for a short selling license and begin trading in futures.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ostoul Securities Brokerage has obtained a license from the Financial Regulatory Authority to begin in August operating as a primary dealer for EGP-denominated government debt investors, CEO Mohamed Lotfy tells Al Mal. The move to obtain the license is part of the firm\u2019s expansion plan, which will see it apply for a short selling license [&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":[2372,7106,72,7087,343],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597116","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-debt","tag-enterpriseam","tag-finance","tag-regulation","wpautop","entry"],"acf":{"mongo_id":"9f6d7aec-e133-414d-9b20-f8c81d1e330a","is_powered_by":true,"section_story_id":"da2f98a4-dd5f-44b1-830c-bb70dda00743","story_type":"1","photo_url":"","photo_position":"above","related_issue":[597081],"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>Ostoul obtains primary dealer license from FRA for EGP-denominated securities - 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\/16\/ostoul-obtains-primary-dealer-license-from-fra-for-egp-denominated-securities\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ostoul obtains primary dealer license from FRA for EGP-denominated securities\" \/>\n<meta property=\"og:description\" content=\"Ostoul Securities Brokerage has obtained a license from the Financial Regulatory Authority to begin in August operating as a primary dealer for EGP-denominated government debt investors, CEO Mohamed Lotfy tells Al Mal. The move to obtain the license is part of the firm\u2019s expansion plan, which will see it apply for a short selling license [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/16\/ostoul-obtains-primary-dealer-license-from-fra-for-egp-denominated-securities\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-16T04:21:22+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\/16\/ostoul-obtains-primary-dealer-license-from-fra-for-egp-denominated-securities\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/16\/ostoul-obtains-primary-dealer-license-from-fra-for-egp-denominated-securities\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Ostoul obtains primary dealer license from FRA for EGP-denominated securities\",\"datePublished\":\"2019-07-16T04:21:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/16\/ostoul-obtains-primary-dealer-license-from-fra-for-egp-denominated-securities\/\"},\"wordCount\":71,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"debt\",\"EnterpriseAM\",\"Finance\",\"regulation\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/16\/ostoul-obtains-primary-dealer-license-from-fra-for-egp-denominated-securities\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/16\/ostoul-obtains-primary-dealer-license-from-fra-for-egp-denominated-securities\/\",\"name\":\"Ostoul obtains primary dealer license from FRA for EGP-denominated securities - 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Funds from the EGP 50 mn capital increase will allow the firm to grow its brokerage arm, Al Ghannam said, adding that Ostoul is exploring\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":597424,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/25\/fra-awards-premiere-securities-short-selling-license\/","url_meta":{"origin":597116,"position":3},"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":597329,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/22\/egypts-market-regulator-grants-tycoon-brokerage-a-short-selling-license\/","url_meta":{"origin":597116,"position":4},"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. 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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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/597116","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=597116"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/597116\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/597081"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=597116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=597116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=597116"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=597116"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=597116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}