شركة مصر للمقاصة
English translation: Misr for Central Clearing
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| 01:59 May 1, 2013 |
| Arabic to English translations [PRO] Bus/Financial - Finance (general) | |||||
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|  Selected response from: Muhammad Said Egypt Local time: 08:45 | ||||
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| 5 +2 | Misr for Central Clearing |
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| 4 +1 | Misr Clearing Settlement |
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Answers
3 hrs confidence: 
peer agreement (net): +1
peer agreement (net): +1Misr Clearing Settlement Explanation: الاسم الرسمي الكامل للشركة: شركة مصر للمقاصة والتسوية والإيداع المركزي MCSD (Misr Clearing Settlement & Depository) |
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1 min confidence: peer agreement (net): +2
peer agreement (net): +2Misr for Central Clearing Explanation: Misr for Central Clearing -------------------------------------------------- Note added at 2 mins (2013-05-01 02:01:38 GMT) -------------------------------------------------- http://www.mcsd.com.eg/mcdr/arabic/ -------------------------------------------------- Note added at 3 mins (2013-05-01 02:02:43 GMT) -------------------------------------------------- مصر للمقاصة والقيد والإيداع المركزي Misr for Central Clearing, Depository and Registry http://ar.wikipedia.org/wiki/مصر_للمقاصة_والقيد_والإيداع_الم... -------------------------------------------------- Note added at 3 hrs (2013-05-01 05:59:14 GMT) -------------------------------------------------- https://www.google.com.eg/url?sa=t&rct=j&q=&esrc=s&source=we... -------------------------------------------------- Note added at 4 hrs (2013-05-01 06:07:19 GMT) -------------------------------------------------- http://www.youtube.com/watch?v=CkrO8VITnYE -------------------------------------------------- Note added at 4 hrs (2013-05-01 06:11:44 GMT) -------------------------------------------------- Misr for Central Clearing, Depository & Registry (MCDR) is the sole Egyptian CSD providing clearing and settlement services to the Cairo and Alexandria stock exchanges. MCRD operates both the depository and the clearing house. It is a not for-profit private company. -------------------------------------------------- Note added at 4 hrs (2013-05-01 06:19:03 GMT) -------------------------------------------------- Misr for Central Clearing, Depository and Registry (MCDR) is a private company, which handles the clearing and settlement operations as well as acting as the Central Depository for all securities in Egypt. The main shareholders of MCDR are EGX, banks and member firms. Since MCDR was established in October 1996, the securities market in Egypt moved toward a completely dematerialized environment, in which physical stocks are no longer existent. Dematerialization has several advantages including: avoiding the inconvenience of carrying documents, eliminating the danger of losing securities either by thrift or any damage, eliminating the risks associated with securities being lost or faked, simplifying the trading process as securities become easily transferred through the book entries or accounts of member firms at the Depository, having in place a safe and electronic way for distributing dividends and other corporate actions of listed companies. To learn more information about MCDR, please refer to www.mcsd.com.eg. Reference: http://www.mcsd.com.eg/mcdr/english/ |
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