24 Hrs
Source:
المصري اليوم
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Financial Supervision Watches Short Selling Post-Launch
The article focused on activating the "short selling" mechanism in the Egyptian market, where the Chairman of the Financial Regulatory Authority, Dr. Islam Ezzam, discussed the technological and regulatory developments necessary to implement this system. The meeting also included a review of updates to the central lending system, which connects the stock exchange, clearing companies, and brokerage firms, with the aim of ensuring the efficient and transparent application of the new regulatory framework. He also emphasized the importance of training the involved companies and providing the necessary technological infrastructure to ensure smooth operations. Additionally, he highlighted that activating "short selling" will contribute to increased liquidity and market efficiency, representing an important step in developing capital market tools in Egypt, including the derivatives market and hedge funds.
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