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Future Plans of LSM Presented by: Mr. Husein Majdub International Relation / Surveillance on Trading AMEDA 12 TH MEETING SEBRATHA, LIBYA 28 th NOV 2010.

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Presentation on theme: "Future Plans of LSM Presented by: Mr. Husein Majdub International Relation / Surveillance on Trading AMEDA 12 TH MEETING SEBRATHA, LIBYA 28 th NOV 2010."— Presentation transcript:

1 Future Plans of LSM Presented by: Mr. Husein Majdub International Relation / Surveillance on Trading AMEDA 12 TH MEETING SEBRATHA, LIBYA 28 th NOV 2010 TO 01 st DEC 2010 AMEDA 12 TH MEETING SEBRATHA, LIBYA 28 th NOV 2010 TO 01 st DEC 2010

2 Future Plans In Progress: 1.Electronic IPOs. 2.Advanced Settlement System using SWIFT standards. 3.We are getting ready to move to our new Office building, and we are on the final stages in transporting the equipment. 4.Getting ready for the start of new Trading system during the next few weeks, which will enable quicker trade and easier transactions for the investors.. 1.

3 Progress and Expectations Markets always strive to improve their image in front of the investors by providing new and secure investment tools. Improving the level of transparency and disclosure by putting regulation that will guarantee the service. The Progress in LSM during the last year:. Providing new services to the investors like (SMS, Call center, E-Services).. Establishing an Investors Education Committee. ( IFIE).. Starting the work on the Solvency system for the Brokers. Expectations for the near future:.The use of (E-trade).. The increase of trading volume after listing major companies in the privatization program.

4 IPOs The forces of demand on IPOs depends on revenues of the shares at hand. The Libyan Stock Market, although it is still young it is active in this area which covers all IPOs which are expected to increase coverage rates when companies put up the target program of expanding the ownership, this is one of the winning options which generate profits from the results of its activity.

5 Wahda Bank: IPOs 216000000 LD Two hundred and sixteen million Libyan Dinars. Sahara Bank :IPOs 248000000 LD Two hundred and eighty four Million Libyan Dinars The two largest IPOs in the history of Libya. Libyana Telecomunication Co. IPOs 5% of 4 Billions Libyan Dinars Al-Madar Telecomunication Co. IPOs 5% of 4 Billions Libyan Dinars Libyan Steel Company. IPOs 5% of 5 Billions Libyan Dinars

6 The biggest transfer of ownership in the history of Libya, worth about $ 5,931,889,630 Libyan Dinars (Five billion, nine hundred and Thirty-one million, eight hundred and eighty-nine thousand, six hundred and thirty LD), through the transfer of ownership for the shares of the Economic Development and Social Council fund to the families benefiting from the program of distribution of wealth, and they were 205,101(Two hundred and five thousand one hundred and one) families, on the companies listed on the Main Table in the Market and some listed companies on the sub-table, all companies are listed with regards to the Central Depository and Registry system.

7 Thank you for listening Any Questions????


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