Egypt’s stock market regulator has relaxed rules on margin calls by brokerages to limit volatility, Bloomberg reports. As per the Egyptian Financial Supervisory Authority (EFSA), brokerages will now need investors to pay margins or present more collateral when the client’s debt reaches 70% of the shares’ value at the end of each trading day. The regulator allowed brokerages to make the margin calls at 60% previously. The new regulations are applicable to shares purchased previously, said Mohamed Salam, Chairman of Misr for central clearing, depository & registry, the clearing house. The supervisory authority rolled out new rules on Feb. 19 to prevent a possible drop when trading resumes, including suspending margin and intraday trading.

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