Market Maker activity is regulated under Article (27) of the Capital Market Law no. 92 of 1992. The main objective of the marker maker activity is to provide liquidity for securities aiming to ensure the continuity of securities trading during the trading session.

The Egyptian Exchange has introduced market maker activity to the Egyptian capital market according to the Minister of Investment decree no. 293 of 2007 by adding market maker activity to capital market companies' activities.

For more information about market maker regulations (decrees) issued by the Egyptian Exchange, please click here

Market Maker Obligations on the Listed Stocks

The Egyptian Exchange has issued the decree no. 487 of 2019 for regulating market maker activity on the listed securities. Article no. (2) of the decree no.487 of 2019 has stated the eligible securities for market maker activity. Additionally, article no. (6) of the same decree has set the Market Maker obligations.

For the tables showing the maximum bid/ ask spread and the minimum order size for the listed securities in which it is registered to conduct market maker activity based on the liquidity category, please click here

Market Maker Obligations on the Exchange Traded Funds (ETFs)

The Egyptian Exchange has issued decree no.133 of 2014 as well decree no.134 of 2014 for regulating Market Maker activity on the ETFs.

Article no. (3) of the decree no.133 has set Market Maker obligations on Exchange Traded Funds (ETFs).