Tadawul launches Capital Management System

Logo of Saudi Exchange (Tadawul)

The Saudi Exchange (Tadawul) launched the Capital Management System (CMS), a cutting-edge platform designed to enhance efficiency, transparency, and effectiveness in the initial public offerings (IPOs) at the Saudi capital market.

In a statement, Tadawul said following the implementation of the first phase in managing IPOs in the Nomu-Parallel Market, and after the success of the pilot phase in the Main Market, the system will be fully launched to receive subscriptions for a wide range of securities.

This expansion aims to further develop the Saudi capital market and increase its attractiveness to investors.

For More IPOs

The system provides investors with a seamless subscription experience, allowing them to subscribe directly through their investment portfolios without the need to open new accounts.

This simplifies the process, saving time and effort while expanding access to a broader range of investment opportunities, thereby enhancing their investment flexibility and decision-making.

For issuers, the CMS significantly shortens the time required to access the market, enabling them to list their financial securities more efficiently. It also allows them to reach a broader investor base, increasing the likelihood of a successful offering and boosting demand for IPOs.

For financial institutions and subscription managers, the CMS provides greater flexibility in managing IPO processes, reducing administrative burdens, and streamlining the subscription workflow. Additionally, it reinforces their strategic role in the Saudi capital market through improving their operational efficiency and execution speed.

For more details on the CMS and view a list of registered brokerage firms