{"id":649959,"date":"2017-03-13T04:11:47","date_gmt":"2017-03-13T04:11:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/egx-issues-new-regulations-to-organize-transfer-of-unlisted-securities-ownership\/"},"modified":"2017-03-13T04:11:47","modified_gmt":"2017-03-13T04:11:47","slug":"egx-issues-new-regulations-to-organize-transfer-of-unlisted-securities-ownership","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/egx-issues-new-regulations-to-organize-transfer-of-unlisted-securities-ownership\/","title":{"rendered":"EGX issues new regulations to organize transfer of unlisted securities\u2019 ownership"},"content":{"rendered":"<p>The EGX has issued new regulations on the transfer of ownership of securities not listed on the stock exchange. The regulations outline the timeframe for traders to inform the EGX about over-the-counter (OTC) transactions and stipulates that brokerages keep all documents relating to OTC transactions for five years, according to an <a href=\"http:\/\/www.alborsanews.com\/app\/uploads\/2017\/03\/1489335495_848_1231367_392017.pdf?af6eb6\">EGX statement<\/a> published by Al Borsa.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The EGX has issued new regulations on the transfer of ownership of securities not listed on the stock exchange. The regulations outline the timeframe for traders to inform the EGX about over-the-counter (OTC) transactions and stipulates that brokerages keep all documents relating to OTC transactions for five years, according to an EGX statement published 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],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-649959","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"e8190ad5-4c22-4bbe-b698-3dd34d014553","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[649926],"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 issues new regulations to organize transfer of unlisted securities\u2019 ownership - 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\/2017\/03\/13\/egx-issues-new-regulations-to-organize-transfer-of-unlisted-securities-ownership\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EGX issues new regulations to organize transfer of unlisted securities\u2019 ownership\" \/>\n<meta property=\"og:description\" content=\"The EGX has issued new regulations on the transfer of ownership of securities not listed on the stock exchange. The regulations outline the timeframe for traders to inform the EGX about over-the-counter (OTC) transactions and stipulates that brokerages keep all documents relating to OTC transactions for five years, according to an EGX statement published by [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/egx-issues-new-regulations-to-organize-transfer-of-unlisted-securities-ownership\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-13T04:11:47+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\/2017\/03\/13\/egx-issues-new-regulations-to-organize-transfer-of-unlisted-securities-ownership\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/egx-issues-new-regulations-to-organize-transfer-of-unlisted-securities-ownership\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EGX issues new regulations to organize transfer of unlisted securities\u2019 ownership\",\"datePublished\":\"2017-03-13T04:11:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/egx-issues-new-regulations-to-organize-transfer-of-unlisted-securities-ownership\/\"},\"wordCount\":68,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/egx-issues-new-regulations-to-organize-transfer-of-unlisted-securities-ownership\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/egx-issues-new-regulations-to-organize-transfer-of-unlisted-securities-ownership\/\",\"name\":\"EGX issues new regulations to organize transfer of unlisted securities\u2019 ownership - 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Under the regs, these companies must open the door for shareholders to transfer rights issues as soon as the company publicly announces a\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":599739,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/egx-issues-regulations-for-market-makers-in-egypt\/","url_meta":{"origin":649959,"position":1},"title":"EGX issues regulations for market makers in Egypt","author":"enterpriseam admin","date":"9 January 2019","format":false,"excerpt":"REGULATION WATCH- The EGX issued on Sunday the regulations allowing brokerage firms to act as market makers, allowing them to both buy and sell securities from their own inventory at prices they have a measure of control over, according to a statement (pdf). 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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. 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