Tadawul nods to Al Rajhi Capital as market maker on 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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