{"id":628132,"date":"2018-06-26T04:22:13","date_gmt":"2018-06-26T04:22:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/26\/egx-raises-daily-limit-on-intraday-trading\/"},"modified":"2018-06-26T04:22:13","modified_gmt":"2018-06-26T04:22:13","slug":"egx-raises-daily-limit-on-intraday-trading","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/26\/egx-raises-daily-limit-on-intraday-trading\/","title":{"rendered":"EGX raises daily limit on intraday trading"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>REGULATION WATCH- EGX raises daily limit on intraday trading:<\/strong> The EGX has begun raising the daily limit on the percentage of shares that can be traded intraday, the bourse said in <a href=\"http:\/\/www.egx.com.eg\/arabic\/NewsDetails.aspx?NewsID=174749\">a statement on Monday<\/a>. The daily limit was doubled to 0.01% of a company\u2019s total shares, from 0.005%. The new regulations also allow brokers to trade on the same stock multiple times in the same day. The change, on which the Financial Regulatory Authority signed off <a href=\"https:\/\/enterprise.press\/stories\/2018\/06\/12\/starting-today-banks-and-other-financial-institutions-will-be-allowed-to-establish-mutual-funds\/\">last month<\/a>, was published in the Official Gazette, the statement noted.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>REGULATION WATCH- EGX raises daily limit on intraday trading: The EGX has begun raising the daily limit on the percentage of shares that can be traded intraday, the bourse said in a statement on Monday. The daily limit was doubled to 0.01% of a company\u2019s total shares, from 0.005%. The new regulations also allow brokers [&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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-628132","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"203f5c7d-6dd2-43d3-beeb-14b1fef300a4","order":"0","is_powered_by":true,"section_story_id":"6fa9ea4e-4ec6-46eb-9174-8923c6d36332","story_type":"1","photo_url":"","photo_position":"above","related_issue":[628124],"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>EGX raises daily limit on intraday trading - 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\/2018\/06\/26\/egx-raises-daily-limit-on-intraday-trading\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EGX raises daily limit on intraday trading\" \/>\n<meta property=\"og:description\" content=\"REGULATION WATCH- EGX raises daily limit on intraday trading: The EGX has begun raising the daily limit on the percentage of shares that can be traded intraday, the bourse said in a statement on Monday. The daily limit was doubled to 0.01% of a company\u2019s total shares, from 0.005%. The new regulations also allow brokers [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/26\/egx-raises-daily-limit-on-intraday-trading\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-26T04:22:13+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/26\/egx-raises-daily-limit-on-intraday-trading\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/26\/egx-raises-daily-limit-on-intraday-trading\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EGX raises daily limit on intraday trading\",\"datePublished\":\"2018-06-26T04:22:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/26\/egx-raises-daily-limit-on-intraday-trading\/\"},\"wordCount\":94,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/26\/egx-raises-daily-limit-on-intraday-trading\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/26\/egx-raises-daily-limit-on-intraday-trading\/\",\"name\":\"EGX raises daily limit on intraday trading - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-06-26T04:22:13+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/26\/egx-raises-daily-limit-on-intraday-trading\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/26\/egx-raises-daily-limit-on-intraday-trading\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/26\/egx-raises-daily-limit-on-intraday-trading\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EGX raises daily limit on intraday trading\"}]},{\"@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":"EGX raises daily limit on intraday trading - 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\/2018\/06\/26\/egx-raises-daily-limit-on-intraday-trading\/","og_locale":"en_US","og_type":"article","og_title":"EGX raises daily limit on intraday trading","og_description":"REGULATION WATCH- EGX raises daily limit on intraday trading: The EGX has begun raising the daily limit on the percentage of shares that can be traded intraday, the bourse said in a statement on Monday. 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Banks that want to set up mutual funds must seek CBE approval, while other financial\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":588315,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/08\/explaining-the-egxs-new-trading-mechanism-rules\/","url_meta":{"origin":628132,"position":1},"title":"Explaining the EGX\u2019s new trading mechanism rules","author":"enterpriseam admin","date":"8 June 2023","format":false,"excerpt":"The EGX bans conditional trade mechanisms during auction sessions","rel":"","context":"In &quot;Enterprise explains&quot;","block_context":{"text":"Enterprise explains","link":"https:\/\/enterpriseam.com\/egypt\/category\/explainers\/enterprise-explains\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/5\/1552.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562911,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/10\/corporate-bonds-can-now-be-traded-intraday-on-the-egx\/","url_meta":{"origin":628132,"position":2},"title":"Corporate bonds can now be traded intraday on the EGX","author":"enterpriseam admin","date":"10 June 2021","format":false,"excerpt":"EGX-listed corporate bonds are now eligible for intraday trading under a decisionpublished yesterday by the Financial Regulatory Authority that aims to buoy the secondary bond market. The decision will allow clearing house MCDR to settle transactions after the end of the trading day at the latest.The decision comes after financial\u2026","rel":"","context":"In &quot;REGULATION WATCH&quot;","block_context":{"text":"REGULATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/152.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":648801,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/12\/mm-group-shares-start-trading\/","url_meta":{"origin":628132,"position":3},"title":"MM Group shares start trading","author":"enterpriseam admin","date":"12 April 2017","format":false,"excerpt":"Shares of MM Group (MTIE.CA) rose 8.2% in their EGX debut yesterday, closing at EGP 6.45, Al Borsa reports. The stock hit an intraday high of EGP 6.70. Investment Minister Sahar Nasr was on hand for the ringing of the bell to start trading. Beltone Investment Banking was the sole\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\/2017\/4\/508.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":563978,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/01\/egx-to-change-its-closing-price-mechanism\/","url_meta":{"origin":628132,"position":4},"title":"EGX to change its closing price mechanism","author":"enterpriseam admin","date":"1 August 2021","format":false,"excerpt":"Major changes to the EGX coming this fall: The board of the EGX has approved a slew of changes meant to boost trading volumes, particularly by institutional investors. These include setting up a new mechanism for calculating the closing share price and easing limits on intraday price movements on shares,\u2026","rel":"","context":"In &quot;SPEED ROUND: CAPITAL MARKETS&quot;","block_context":{"text":"SPEED ROUND: CAPITAL MARKETS","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-capital-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/329.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":555555,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/18\/egx-trading-fees-are-cut-and-caps-on-margin-trading-delayed\/","url_meta":{"origin":628132,"position":5},"title":"EGX trading fees are cut \u2014 and caps on margin trading delayed","author":"enterpriseam admin","date":"18 November 2021","format":false,"excerpt":"EGX fees are set to be cut and planned caps on margin trading could be delayed as the government looks to cushion the impact of the planned capital gains tax on EGX trades. In a meeting led by the Financial Regulatory Authority (FRA) yesterday, policymakers agreed to cut trading, clearance\u2026","rel":"","context":"In &quot;Capital markets&quot;","block_context":{"text":"Capital markets","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/capital-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/505.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/628132","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=628132"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/628132\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/628124"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=628132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=628132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=628132"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=628132"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=628132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}