Tadawul will continue to launch new products: CEO

27/11/2023 Argaam
Mohammed Sulaiman Al-Rumaih, CEO of Saudi Exchange

Mohammed Sulaiman Al-Rumaih, CEO of Saudi Exchange 

Tadawul is committed to introducing new and innovative products, CEO of Saudi Exchange Mohammed Al-Rumaih stated. 

 

During the launch ceremony of single stock options (SSOs) contracts, Al-Rumaih said that the SSOs aim to boost liquidity in the equity market, provide more investment opportunities and help investors manage portfolio risks efficiently.  

 

Tadawul launched today, Nov. 27, SSOs contracts - its latest financial derivatives product.  

  

SSOs give holders the right but not the obligation to buy or sell an underlying asset at an agreed upon price and date.  

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