Muqassa launches SSO contracts of Almarai

23/06/2024 Argaam
Logo ofAlmarai Co.

Logo of Almarai Co. 

The Securities Clearing Center Co. (Muqassa) announced the launch of single stock options (SSOs) contracts of Almarai Co. today, June 23.

 

The company said that SSOs reaffirm its commitment to enabling investors to access diverse investment opportunities and effective risk management tools.

 

Tadawul introduced SSOs on Nov. 27, 2023, as its latest financial derivatives product, Argaam earlier reported. 

  

SSOs grant their holders the right, but not the obligation, to sell or buy a base asset at a predetermined price and date. 

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