EGX Launches NILEX New Trading System on 13 November 2011

Sunday, 4 December 2011

The Egyptian Exchange (EGX) celebrated the launch of NILEX new trading system with a "Ringing of Bell Ceremony" on Sunday 13th of November 2011. EGX's Chairman, Dr. Mohammad Omran, announced that the trading system applied in the main market will be applied to NILEX from this day onwards. He also stated that the coming period will witness some activities in this market for the benefit of the investor among which are; – Handing the Nominated Advisors file to The Egyptian Exchange from EFSA – Disclosing NILEX companies' financials on regular bases through its website and through media channels. That will help investors taking their investment decisions. – Initiating cooperation with institutions that will help in the growth of this market i.e. ITIDA & IDC through attracting new companies to get listed.