CMA says trading control alerts rise 70% in 2020; 19 suspicions reported

10/09/2021 Argaam

Logo of the Capital Market Authority (CMA) 


The Capital Market Authority (CMA) stated that trading control alerts leapt 69.6% to 49,247 in 2020, compared with a year earlier, in light the intensified efforts and regulatory procedures to protect market participants.

 

The number of intensified investigations into suspicious trading soared by 119.5% to 981, while the number of suspicious trading transactions surged by 280% to 19 in 2020, the market regulator noted.

 

It added that the number of supervisory inquiries increased by 223.3% to reach 194 in the same year.

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