Tadawul nods to Al Rajhi Capital as market maker on Tharwah

17/10/2024 Argaam
Logo of Altharwah Albashariyyah Co. (Tharwah)

Logo of Altharwah Albashariyyah Co. (Tharwah)

The Saudi Exchange (Tadawul) approved the request received from Al Rajhi Capital to conduct market-making activities on Altharwah Albashariyyah Co. (Tharwah), as of Oct. 20.

 

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The market maker obligations on Tharwah are the following:

 

- Minimum Presence of Orders: 50%.

 

- Minimum Size: SAR 50,000.

 

- 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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