Al Rajhi Capital to conduct market-making activities on Obeikan Glass: Tadawul

23/05/2024 Argaam
Obeikan Glass manufacturing facility

Obeikan Glass manufacturing facility

The Saudi Exchange Co. (Tadawul) approved Al Rajhi Capital’s application for conducting market-making activities on Nomu-listed Obeikan Glass Co. as of May 26.
The market maker obligations on Obeikan are the following:
 
- Minimum Presence of Orders: 50%.
- Minimum Size: SAR 100,000.
- Maximum Spread: 5.00%.
 
Tadawul also said Al Rajhi Capital will be conducting market-making activities as defined in the market-making regulations and procedures.

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