EGX had finished the preparation of the second version of the manual of procedures and rules of trading which includes the changes and amendments in the trading system during the past years.
On this occasion, EGX Chairman Dr. Mohamed Omran, said that his administration did not spare any effort to improve the levels of protection rights for all parties in the market, especially as the change and development is a main feature of the movement in the capital markets. He also declared that the desire to keep pace with this development, is what called for EGX's management to collect and update all The rules and procedures for the process of trading, in a manner that helps to raise awareness among all parties in the market, in order to acknowledge their rights and obligations.
he pointed out to the keenness on issuing the new version of the manual in a simplified language to facilitate for the dealers and investors as well as listed and brokerage companies to understand the Regulatory and legislative organizing structure of the Egyptian market.
The new version of the manual includes fourteen chapters on the aspects of the client's coding, the organizing procedures of the trading session , the specialized activities, the rules and mechanisms of unrestricted securities, as well as the regulations of special operations related to the decisions affecting the stocks market prices. This version of trading manual also reviews the mechanism of trading on local and foreign GDRs, treasury bills and index funds, in addition to the rules of treasury shares and IPOs. Finally, the manual concludes with a review of illegal trading practices.
The second version of the Procedures and Rules of Trading Manual (Arabic Only) (PDF Format) File Size: 1.7 MB
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EGX Finalizes The Second Edition Of The Trading Rules Manual - EGX Had Finished The Preparation Of The Second Version Of The Manual Of Procedures And Rules Of Trading
Date 03/07/2017