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Thales provides secured PKI based authentication and messaging solution to the Cairo and Alexandria Stock Exchange.

Publication: M2 Presswire
Publication Date: 15-NOV-05 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-15 November 2005-Thales: Thales provides secured PKI based authentication and messaging solution to the Cairo and Alexandria Stock Exchange(C)1994-2005 M2 COMMUNICATIONS LTD

RDATE:15112005

London: Thales today announced that it has been chosen to provide the security solution for online pre and post trade operations on the Cairo and Alexandria Stock Exchange in Egypt.

Due for completion by the end of this year, Thales is providing Misr1 Clearing, Settlement and Central Depository (MCSD) with both the authentication infrastructure for the exchange as well as security consulting. MCSD performs central clearing and settlement operations for stocks traded on the Cairo and Alexandria Stock Exchange. This solution will position Egypt as one of the most advanced and secure electronic trading systems in the world. In addition, MCSD has also been chosen to provide clearing and settlement for ARABEX, the forthcoming Pan-Arabian stock exchange. Thales' solution provides a platform for digital signature based stock trading across the Arab world.

Thales is working with MCSD from the conception of the project through to its delivery and continued operation. With the assistance of the security consulting professionals at Thales, MCSD has been one of the...

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