FRA tests central securities lending system ahead of short-selling launch
· Egyptian market news · ARAB
The Financial Regulatory Authority (FRA) is conducting live tests of a central securities lending system ahead of the official launch of short selling, according to a statement.
Technical teams from FRA, Misr for Central Clearing, Depository and Registry (MCDR) and the Egyptian Exchange (EGX) reviewed the latest developments in the operational infrastructure and electronic systems…
Source: Arab Finance — read the original story