EGYPT: Egyptian Exchange New Development in Over-the-Counter Market

Thursday February 26 2015

The Egyptian Exchange (EGX)has announced the launch of the second phase of the (Over – The – Counter) OTC market’ restructuring process to become a fully computerized market by allowing the parties wishing to implement buy and sell of the shares of non-listed shareholding companies to add orders on private screens without a prior agreement between the parties, and the implementation will be automatic through the electronic system which is similar to the main market mechanism.

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