Tadawul Group plans changes to enhance post-trade services from April 3

Logo of Saudi Tadawul Group Holding

The Saudi Tadawul Group Holding (Tadawul Group) intends to roll out new enhancements through its subsidiaries – Saudi Exchange, Securities Clearing Center (Muqassa), and Securities Depository Center (Edaa) – to develop the post-trade services infrastructure.

The new enhancements will be implemented on April 3, Tadawul Group said in a statement.

These changes are the largest in the history of the Saudi capital market and intend to provide investors with increased investment opportunities and access to a diverse range of financial instruments and new products.

In addition, these enhancement aim to develop trading and post-trade services, which would contribute to expanding investor access to the Saudi capital market as part of wider efforts to develop an advanced capital market in Saudi Arabia.

The launch of these update will provide investors with a wide range of investment opportunities and enable access to new and diversified financial instruments to manage risk and benefit from market movements.

This is part of the Tadawul Group subsidiaries’ ongoing efforts to reduce systemic risks and enhance the market efficiency that, in turn, will reinforce Saudi Arabia’s position as a globally attractive investment destination.

This bundle of enhancements will enable the group to leverage its integrated business model through its subsidiaries.

The updates are expected to have a positive impact on the operating efficiency of the group and its subsidiaries. Any material developments in this regard will be announced in due course, the statement noted.