Friday January 31 2014
News Source: Global Exchanges
Focus: Trading Rules
Type: General
Country: Egypt
Link: http://www.egx.com.eg/english/NewsDetails.aspx?NewsID=122590
The Egyptian Exchange (EGX) approved the initial version of the membership rules stating the working system of the securities brokerage firms. This version is scheduled to be displayed for discussion of the capital market parties.
EGX membership rules are concerned with the authorisation to deal in the stock market and performing the licensed activities for members in accordance with the member company, financial and technical capabilities and their officials, efficiency and expertise. They are also concerned with the programs and automated systems used to deal with data, discovery and early warning of risks that may arise from the various member activities.
Click on above link for further details.