Egypt Financial Regulatory Authority sets futures clearing and settlement fees and waives selected launch-stage services for one year

The Egypt Financial Regulatory Authority has set the fees for clearing and settlement services used in exchange-traded futures and exempted a number of those services from charges for one year. The measure, published in the official gazette, forms part of the regulatory framework for Egypt's derivatives market and is intended to support market participants during the launch phase. The services are provided by a clearing company licensed by the authority to clear and settle contracts traded on futures exchanges, including client-level risk management and counterparty risk management. The tariff includes a one-off EGP 20,000 membership fee for a settlement member, an annual EGP 10,000 subscription that includes one settlement system screen, and a settlement charge of 0.01% of transaction value capped at EGP 5,000 or the equivalent in the trading or settlement currency. Opening a client account, cash deposits and cash withdrawals are free. Charges for agency execution, final settlement of contracts, transfers of positions between settlement members, account statements, additional system users and automated links to the settlement system are waived for one year from the decision's effective date. The move follows the Egyptian Exchange's launch of the derivatives market and its June introduction of futures contracts on two leading stocks. It also complements the authority's earlier 2026 licensing requirements for futures brokerage activity, under which several firms have already been approved after meeting the financial and technical conditions.