EGX Develops a Program for Consolidated Financial Data of Brokerage Firms to increase Market’s Transparency & Disclosure
Posted: Wednesday, 8 Jan 2020
The Egyptian Exchange (EGX) developed a program to be linked to
brokerage firms to place their financials as part of EGX’s keenness for
technological development and increasing level of transparency in the
EGX addressed the brokerage firms to send their financial statements;
consolidated financial statements, budget and electronically cash flow
list from the financial statements to be collected through a new
electronic system allowing it to be published through EGX's website.
The new program allows different parties to prepare studies on the
brokerage sector, as well as giving an overview to any company wants to
add brokerage activities to it.