Cairo stock exchange market
Cairo and Alexandria Stock Exchanges: No Action, Interpretive and/or Exemptive Letter dated April 16,
Operating through two locations, the Alexandria Stock Exchange was officially established in , followed by Cairo Stock Exchange in In , the Presidential Decree No. EGX, the Premier market in the MENA Region that best serves its stakeholders, provides leading edge technology infrastructure, innovative products as well as a reliable, liquid and efficient market place.
Egyptian Exchange
A strong core of diversified sectors, coupled with competitive fees, tax-free regime, along with ease of entry enabled the Exchange to attract all types of investors domestic, foreign, institutional and retail.
EGX is continuously harmonizing its listing, membership and trading rules and regulations according to international standards, to ensure a proper cohesive regulatory framework that best protects investors. EGX has upgraded its trading platform in October to the globally recognized software NASDAQ OMX "X-Stream" solution, offering a reliable and robust platform dealing in multiple product classes including equities, debt, ETFs, futures and options, and paving the way for linking and integration with other exchanges using the same platform.
EGX is currently a Board member of the World Federation of Exchanges WFE and presides over the African Securities Exchanges Association ASEA.
EGX is also a founder member of the Union of Arab Exchanges, a member of the Federation of Euro Asian Stock Exchanges and an affiliate member of the International Organization of Securities Commissions IOSCO.
In that respect, around 25 thousand investors, covering several governorates in Egypt, have been addressed since Year Furthermore, to ensure proper disclosure of information and transparency, EGX started its educational sessions to the Press in November , covering EGX trading rules and mechanism, together with professional business writing.
EGX brings along all its experts in the field as well as all educational publications needed to raise awareness about capital market investment. From another perspective, EGX has introduced an advanced version of Stock Riders game which is a simulation for trading in the Egyptian Stock Exchange which aims to educate students or any other interested party about investment fundamentals in an easy, simple way including all market participants investors — banks — mutual funds — stock exchange , replicating a real-life trading environment.
Stock Riders Group Program, visited different universities and clubs during this year. Educational brochures are periodically published about the basics of investment and the financial instruments available in the capital market and whenever a new tool or product is introduced in the market.
EGX system of values have a common denomination of ethics practiced with all its stakeholders i. Financial and Investor Education Program Profile: EGX Values EGX system of values have a common denomination of ethics practiced with all its stakeholders i.
Chuck Hughes OTME
The values comprise the following: Customers issuers, members, and investors come first. Just and equitable business all constituents.
High standards of Integrity is very important to EGX. We expect the highest ethical standards from our employees and market participants.
We regulate our market in accordance with international best practices. Continuous learning and employee training enables EGX to better serve its customers. Our employees must understand our business, our mission and our values. Continuously respond to the changing needs of internal and external environments.
The Egyptian Exchange (EGX)
To this end, the IFIE will serve as a channel for discussion on a wide range of investor education topics and issues facing the region's financial markets","Association of National Exchanges Members of India ANMI "], ["FINRA believes strongly that a better educated investor is a better-protected investor.
Investor education is a key part of investor protection. And while there are certainly aspects of investor education that related specifically to a given country, lessons can be shared and information can be made available internationally.