Back to the complete issue
Monday, 2 September 2019

Egyptian market regulator grants Cairo Capital Securities short selling license

Cairo Capital Securities has joined the growing list of brokerage firms authorized by the Financial Regulatory Authority to short sell, CEO Ahmed Abu Hussein said, according to Al Mal. Shuaa Securities, Arqaam, EFG Hermes, CI Capital, the Arab African International Securities, Prime Holdings, HC Securities, and Premiere Securities have all recently acquired the license. Short selling transactions are due to hit the EGX this quarter, FRA deputy head Khaled El Nashar said in July.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2018 Enterprise Ventures LLC.