Thursday September 14 2017

News Source: Global Exchanges

Focus: Trading Systems and Technology

Type: General

Country: Egypt

Link:




On September 14th 2017, Dr. Sahar Nasr, Minister of Investment and International Cooperation, oversaw the signing of two protocols into law between the Egyptian Stock Exchange  (EGX), Investment and Free Zones Authority and the Misr for Central Clearing Depositary and Registry (MCDR).

The first protocol will facilitate the exchange of information and facilitation of procedures for the registration of corporate securities through electronic systems. It incurs that there will now be a joint approach between the said organisations in order to create mechanisms which will allow investors to list on the new System.  It is hoped that this joint approach will provide more transparency to investors who decide to list on the Egyptian Market.

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