Wednesday October 5 2011
News Source: Global Disclosures
Focus: Short Selling
Type: General
Country: Egypt
The Egyptian Financial Supervisory Authority have taken the decision to postpone the introduction of Egypt short selling, due to poor market conditions. The Chairman of the EFSA Ashraf El Sharkawy stated that Its not under consideration now, due to the fact that It wouldnt make sense to start it considering current market conditions.
This information will be updated as further details become available.