Egytian Exchange - Alexandria & Cairo

Together, the Cairo Stock Exchange and the Alexandria Stock Exchange, form the Egyptian Stock Exchange. Both the Cairo and Alexandria Stock Exchange is run and managed by the same directors board, and both the Cairo and Alexandria Stock Exchange share the same system that takes care of clearing, settlement and trade. Although the exchanges were established separately, the Alexandria Stock Exchange in 1888 and the Cairo Stock Exchange in 1903, the merger to form the Egyptian Stock Exchange, has given this exchange the world ranking of 5th place. The merger of the two stock exchanges, working under the same board of trustees, led to new life being breathed into the Egyptian Stock Market in the 1990’s. Reconstruction and new economic reforms has created an Egyptian Stock Market that is structured, has the latest technological support systems, clear and easily understood trading rules and regulations and has seen vast improvements in the systems that run the payment, clearing and settlements. These upgrades and correct management of responsibilities, has caused the increase of listed companies and a larger market. The systems upgrades have included information systems, to allow the Cairo and Alexandria Stock Exchanges to be able plan strategically and give support to its investors and brokers. Network infrastructures and telecommunications have widened the coverage and expanded the Egyptian Stock Exchange to many new terminals. The exchange has also started focusing on the new generations of stockbrokers and investors of the future, with programs and educational materials that are distributed to schools and educational facilities.