News Details
FRA Approves EGX Proposal on Reversal Transactions for Market Sustainability
14/08/2022
The Financial Regulatory Authority (FRA) approved the proposal of The Egyptian Exchange (EGX) for the use of reversal execution mechanism along with other mechanisms to correct trading violations and remove their effects by selling what was purchased and buying what was sold, while working to neutralize the impact on the closing price.

This step comes within the framework to provide stability, avoid disruptions in the market, and protects investor’s rights through gradual procedures to correct violations.