News

Tadawul to launch market-making framework

Tadawul, Saudi Stock ExchangeThe Saudi Stock Exchange, also known as Tadawul, has launched a framework for market makers for equities and derivatives. Under the market-making regulations, anyone looking to conduct market-making activities must be an exchange member. This will enable them to act in the capacity of principal on their own account or as an agent on behalf of a client. The initiative is designed to boost liquidity in these markets and also provide a more efficient price formation process. It also brings the exchange’s rules and trading processes into line with global standards and practices. “This step brings us closer to further enhancing the Saudi Exchange’s attractiveness as an investment destination to investors and issuers, regionally and internationally,” said Mohammed Al Rumaih, CEO of Saudi Exchange. ©2022 funds global mena

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