Mubasher Trade launches Online IPO service for first time in Egypt

Daily News Egypt
1 Min Read

Mubasher Trade has launched a new service for its clients, called Online IPO. The new service would allow clients to subscribe online to the new shares offered on the Egyptian Exchange (EGX) for the first time in Egypt.

It is the first Egyptian company to offer its customers online subscription.

This service comes within the company’s strategy to provide the latest global trading technologies in line with the objectives set by the EGX, including the launch of the government IPO programme.

Vice-Chairperson of Mubasher Capital, Ehab Rashad, said the holding company is continuously developing its programmes. Through this add-on, Mubasher Trade clients will be able to register their subscription requests electronically.

The customer will only need to recharge their cash account and submit the application through the subscription screen to be sent immediately to the EGX. This will be done through Mubasher’s advanced programmes which allow you to determine the amount of shares as well as the amount that will be subscribed.

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