The Cairo and Alexandria Stock Exchange (Case) has launched a new exchange for small and medium-sized enterprises. Case has established several new trading capabilities in the past two years, such as margin trading, online trading and short-selling. Case also plans to launch a derivatives exchange late next year. “We would like to see our derivatives market competing with other emerging markets,” says Maged Shawky Sourial, chairman of Case since 2005.
Sourial has overseen the tail end of a decade of impressive growth at the exchange.
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