{"id":602062,"date":"2019-03-18T04:04:29","date_gmt":"2019-03-18T04:04:29","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/18\/fra-approves-internal-bylaws-for-futures-exchange\/"},"modified":"2019-03-18T04:04:29","modified_gmt":"2019-03-18T04:04:29","slug":"fra-approves-internal-bylaws-for-futures-exchange","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/18\/fra-approves-internal-bylaws-for-futures-exchange\/","title":{"rendered":"FRA approves internal bylaws for futures exchange"},"content":{"rendered":"<p><b>REGULATION WATCH- FRA approves bylaws for futures exchange:<\/b> The Financial Regulatory Authority (FRA) approved the bylaws of a futures exchange and a preliminary template contract for the establishment of the legal entity that will house it, the market regulator <u><a href=\"https:\/\/ent.news\/2019\/3\/649.pdf\">said in a statement (pdf)<\/a><\/u>. The new bourse will be the day-to-day market operator for futures trading. The creation of a futures market comes after amendments to the executive regulations of the Capital Markets Act <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/18\/fra-completes-capital-markets-act-regs-to-make-life-insurance-mandatory-for-sme-financing\/\">issued last July<\/a><\/u> opened the door to the introduction of new financial instruments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>REGULATION WATCH- FRA approves bylaws for futures exchange: The Financial Regulatory Authority (FRA) approved the bylaws of a futures exchange and a preliminary template contract for the establishment of the legal entity that will house it, the market regulator said in a statement (pdf). The new bourse will be the day-to-day market operator for futures [&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":[8572],"tags":[72,76,929,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-602062","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-financial-regulatory-authority","tag-futures","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"9a9c448b-a942-4758-ba6a-573a8376c290","is_powered_by":true,"section_story_id":"16aa5fbe-72cc-4967-8c85-326cc392dec6","story_type":"1","photo_url":"","photo_position":"above","related_issue":[602047],"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 approves internal bylaws for futures exchange - 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\/03\/18\/fra-approves-internal-bylaws-for-futures-exchange\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FRA approves internal bylaws for futures exchange\" \/>\n<meta property=\"og:description\" content=\"REGULATION WATCH- FRA approves bylaws for futures exchange: The Financial Regulatory Authority (FRA) approved the bylaws of a futures exchange and a preliminary template contract for the establishment of the legal entity that will house it, the market regulator said in a statement (pdf). The new bourse will be the day-to-day market operator for futures [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/18\/fra-approves-internal-bylaws-for-futures-exchange\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-18T04:04:29+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\/03\/18\/fra-approves-internal-bylaws-for-futures-exchange\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/18\/fra-approves-internal-bylaws-for-futures-exchange\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"FRA approves internal bylaws for futures exchange\",\"datePublished\":\"2019-03-18T04:04:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/18\/fra-approves-internal-bylaws-for-futures-exchange\/\"},\"wordCount\":94,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Financial Regulatory Authority\",\"futures\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/18\/fra-approves-internal-bylaws-for-futures-exchange\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/18\/fra-approves-internal-bylaws-for-futures-exchange\/\",\"name\":\"FRA approves internal bylaws for futures exchange - 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The creation of a futures market comes after amendments to the executive\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":602423,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/27\/fra-to-issue-futures-exchange-licenses\/","url_meta":{"origin":602062,"position":2},"title":"FRA to issue futures exchange licenses","author":"enterpriseam admin","date":"27 March 2019","format":false,"excerpt":"Market regulator to be in charge of issuing licenses for futures exchange: The Financial Regulatory Authority\u2019s (FRA) board gave the market regulator the authority to issue licenses for futures exchanges, according to a statement (pdf). Companies that want to operate futures exchanges will need at least EGP 20 mn or\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":574559,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/14\/fra-requires-futures-exchange-company-to-separate-ceo-md-chairman\/","url_meta":{"origin":602062,"position":3},"title":"FRA requires futures exchange company to separate CEO, MD, chairman","author":"enterpriseam admin","date":"14 September 2020","format":false,"excerpt":"REGULATION WATCH- FRA requires futures exchange operating company to separate CEO, MD, chairman positions: The Financial Regulatory Authority (FRA) issued a decree yesterday requiring the joint-stock company that will be set up to operate the planned futures exchange to separate the positions of CEO, chairman, and managing director. 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