Tadawul activates canceling of outstanding orders for price adjustment from June 1

20/05/2020 Argaam

 

The Saudi Stock Exchange (Tadawul) activated the cancelling of all outstanding orders in the event of a corporate action, resulting in a security price adjustment from June 1, 2020.

 

The bourse said in a statement that this is conducted to protect investors and limit matching of orders, which were placed based on previous valuations prior to conducting price adjustments.

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