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Egypt bourse, MCDR ink MoU for information exchange
The Egyptian Gazette Published in The Egyptian Gazette on 25 - 06 - 2018


Gazette Staff
CAIRO, June 25, 2018 - The Egyptian Exchange and Misr for Central Clearing, Depository and Registry (MCDR) signed Monday a memorandum of understanding (MoU) for information exchange.
Mohamed Abdel Salam, the Chairman of MCDR, and Mohamed Farid, head of the Egyptian stock market, signed the MoU, which is aimed at slashing time required for registration of traded stocks on a daily basis.
The deal is expected to boost liquidity as it applies a sophisticated intraday trading system.

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