الهيئة العامة للرقابة المالية

• Key figures attended the workshop including representatives from the Egyptian Exchange, MCDR, the Egyptian Securities Federation, listed companies and brokerage firms.
• FRA and EBRD representatives delivered detailed presentations on Market Making and Short Selling mechanism, addressing all participant inquiries.

Financial Regulatory Authority (FRA) held an interactive workshop to discuss developments in Market Making and Short Selling to enhance market structure, efficiency, liquidity and investment.

The workshop witnessed high-level attendance from FRA and EGX, alongside MCDR, Egyptian Securities Federation, listed companies and brokerage firms, who reviewed the latest technical and regulatory readiness for activating the two mechanisms.

Representatives from the European Bank for Reconstruction and Development (EBRD) presented international best practices for developing and implementing Market Making and Short Selling, including establishing the appropriate regulatory and technical environment.

FRA officials confirmed the workshop is part of a comprehensive plan to enhance market effectiveness, ensure optimal application of regulations through stakeholder consultation, boost liquidity, improve pricing mechanisms and raise overall market efficiency.

Market Making supports continuous security trading by placing constant buy/sell orders, ensuring liquidity and maintaining smooth price movements.

Meanwhile, Short Selling is a system where a security holder lends shares to another party via a central system for a fee and a fixed period, with the borrower committed to return the identical number of shares

Within the same context, the EBRD delegation commended FRA’s tangible reform and regulatory steps in the Egyptian capital market, reaffirming their commitment to strengthen partnerships, reflecting international confidence in the market’s strength and development.