Why the EGX30 futures market hasn’t taken off yet

Why EGX futures haven’t taken off yet: give it time

The reasons for the slow start run deeper than the war-clouded market.

Index-linked investing doesn’t have a stellar record here:

There’s a real market-making problem too:

Pundits are counting on awareness to turn into flow:

No hedgers, no hedges

A hedging product can only do so much if the investors it is built for aren’t trading.

Foreign participation in the Egyptian market remains a fraction of what it was before the 2022 FX crisis:

Local institutions face their own constraints.

Can futures realistically compete with T-bills for investor attention?

OUR TAKE- That’s only fair in a market where derivatives are already part of the toolkit. 364-day EGP T-bill auction

The EGX rolled out single-stock futures earlier this month contracts on CIB and TMG

“When you place a derivative contract on stocks that people already like and see value in, it supports the chances of success

The first real test comes later this month when the June contract expires.

The story the market needs to tell by then is whether single-stock futures can find the audience that index-tracking instruments couldn’t.