Monday March 16 2015
News Source: Global Exchanges
Focus: Trading Systems and Technology
Type: General
The Egyptian Exchange (EGX) has announced that from 15th March 2015, work has commenced with the second phase of improving the Over The Counter (OTC) market mechanisms, which represents an important step in EGX’ trading system, where investors can put the sell order for non-listed companies without the need to have the other side of the transaction, the thing that will contribute greatly to accelerate the partnership activity even in non-listed companies, and would help those companies to obtain financing more easily as the partners will have a fast exit way.
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