{"id":103586,"date":"2024-06-01T10:50:12","date_gmt":"2024-06-01T09:50:12","guid":{"rendered":"https:\/\/jazairhope.org\/?p=103586"},"modified":"2024-06-01T11:50:06","modified_gmt":"2024-06-01T10:50:06","slug":"algeria-electronic-trading-to-go-live-by-june-2nd","status":"publish","type":"post","link":"https:\/\/jazairhope.org\/en\/algeria-electronic-trading-to-go-live-by-june-2nd\/","title":{"rendered":"Algeria: Electronic Trading to Go Live by June 2nd"},"content":{"rendered":"<p><span style=\"color: #000000;\"><strong><span class=\"texte\">The digital transformation of African economies is gaining momentum, with Algeria digitizing its financial sector.<\/span><\/strong><\/span><\/p>\n<p class=\"texte\"><span style=\"color: #000000;\">La Commission d&#8217;organisation et de surveillance des op\u00e9rations de bourse (Cosob) d&#8217;Alg\u00e9rie, en collaboration avAlgeria plans to electronic stock exchange order submission on June 2nd, a release dated May 29th announces.<\/span><\/p>\n<p class=\"texte\"><span style=\"color: #000000;\">The initiative launched in collaboration between the Securities and Investments Organization and Monitoring Commission (COSOB) and the Government Authority for Electronic Certification aims to streamline stock market transactions by allowing investors to electronically submit buy and sell orders through authorized intermediaries.<\/span><\/p>\n<p class=\"texte\"><span style=\"color: #000000;\">For COSOB, the digitization plan aligns with &#8220;<em>the dynamic growth of the financial and stock market in Algeria, fulfilling the commitment of President Abdelmadjid Tebboune to develop financial and stock markets to finance the economy<\/em>,\u201d informs the statement quoted by Alg\u00e9rie Presse Service.<\/span><\/p>\n<p class=\"texte\"><span style=\"color: #000000;\">This initiative comes on the heels of new mechanisms approved by COSOB last November to revitalize trading practices and stimulate activity on the Algiers Stock Exchange.<\/span><\/p>\n<p class=\"texte\"><span style=\"color: #000000;\">Algeria, like many African nations, is embracing digital transformation. In September 2023, the authorities established the High Commission for Digitalization, tasked with implementing the National Digital Transformation Strategy (2024-2029) and achieving a comprehensive digitalization of Algeria by 2034.<\/span><\/p>\n<p><span style=\"color: #000000;\">Source : <a style=\"color: #000000;\" href=\"https:\/\/www.wearetech.africa\/en\/fils-uk\/news\/algeria-electronic-trading-to-go-live-by-june-2nd\">https:\/\/www.wearetech.africa\/en\/fils-uk\/news\/algeria-electronic-trading-to-go-live-by-june-2nd<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The digital transformation of African economies is gaining momentum, with Algeria digitizing its financial sector. La Commission d&#8217;organisation et de surveillance des&hellip;<\/p>\n","protected":false},"author":50,"featured_media":103587,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[12,4],"tags":[],"class_list":["post-103586","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-featured-articles"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Algeria: Electronic Trading to Go Live by June 2nd - AAH.JZR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jazairhope.org\/en\/algeria-electronic-trading-to-go-live-by-june-2nd\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Algeria: Electronic Trading to Go Live by June 2nd - AAH.JZR\" \/>\n<meta property=\"og:description\" content=\"The digital transformation of African economies is gaining momentum, with Algeria digitizing its financial sector. 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