Introduction to Capital Markets
How the Egyptian capital market is structured, who regulates it and how a trade travels from order to settlement.

Programme overview
A foundation programme for professionals entering the market from banking, corporate finance, law or operations. It maps the institutions of the Egyptian market — the EGX, MCDR, the FRA and licensed intermediaries — and explains how capital is raised and traded between them.
Sessions are built around live market documents: prospectuses, disclosure filings, order tickets and settlement reports, so participants leave able to read the paperwork their firm handles every day.
Key learning outcomes
- 01Describe the roles of the EGX, MCDR, FRA and licensed intermediaries
- 02Distinguish primary issuance from secondary market trading
- 03Read an equity and a treasury instrument term sheet
- 04Follow an order through matching, clearing and T+2 settlement
- 05Interpret headline index and liquidity statistics
- 06Identify the disclosure obligations that apply to listed issuers
Curriculum
Market architecture
Regulator, exchange, depository and intermediary mandates.
Instruments
Equities, bonds, treasury bills, funds and sukuk in the Egyptian context.
Primary market
IPOs, capital increases, book-building and subscription mechanics.
Trading & settlement
Order types, matching, price limits, clearing and custody.
Disclosure & investor protection
Listing rules, periodic reporting and complaint channels.
Prerequisites, assessment & certification
Prerequisites
None. Basic numeracy and familiarity with financial statements is helpful.
Assessment
Multiple-choice examination (60 questions, 70% pass mark).
Certification
ECMF Academy certificate of completion, verifiable by reference number.
Other programmes in this track
Reserve a place on the next cohort
Member firms receive preferential rates and can nominate delegates directly through the secretariat. In-house delivery is available for cohorts of ten or more.
