FEAS - Federation of Euro-Asian Stock Exchanges

06/16/2026 | News release | Distributed by Public on 06/16/2026 04:55

EGX Launches Futures Contracts on Commercial International Bank and Talaat Moustafa Group Holding Shares Starting June 21, 2026

EGX Launches Futures Contracts on Commercial International Bank and Talaat Moustafa Group Holding Shares Starting June 21, 2026

Tuesday, 16 June 2026

Egyptian Exchange Posted

EGX announced the launch of futures contracts on shares of Commercial International Bank (CIB) and Talaat Moustafa Group Holding (TMG), effective from the trading session of Sunday, June 21, 2026.

The new contracts will offer three-month and six-month maturities and will be based on 100 shares per contract, providing investors and financial institutions with additional tools for hedging, risk management, and portfolio strategies. The initiative is expected to enhance market depth and improve price discovery.

The launch is part of EGX's broader strategy to develop the financial derivatives market and diversify the range of investment products available to investors, supporting market efficiency and attractiveness. The introduction of the contracts follows ongoing coordination between EGX and the Financial Regulatory Authority (FRA) to complete the necessary regulatory and operational framework for financial derivatives trading. FRA has approved the contract specifications in accordance with the applicable derivatives trading regulations, ensuring efficient and secure trading, clearing, and settlement processes.

Commenting on the development, EGX's Chairman, said the launch of futures on CIB and TMG marks another milestone in the Exchange's efforts to expand its derivatives market and broaden the investment toolkit available to market participants.

He noted that the achievement reflects close cooperation between EGX, FRA, and relevant stakeholders in establishing the regulatory and operational infrastructure required to introduce these products in line with international best practices.

Adding that the new contracts are expected to strengthen market efficiency, increase trading depth, and provide effective hedging and risk-management solutions, while supporting the Egyptian market's competitiveness and enhancing its appeal to both local and international investors. The launch forms part of EGX's ongoing efforts to offer more sophisticated and diversified financial products, expand investment opportunities, and support the long-term development of Egypt's capital market.

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