Goldman Sachs Saudi Arabia joins Tadawul as derivatives exchange member

27/08/2020 Argaam

The Saudi Stock Exchange (Tadawul) announced that Goldman Sachs Saudi Arabia has completed all regulatory and technical requirements to become a member of Tadawul.

 

The firm is now entitled to conduct brokerage services for derivatives trading and deal as a principal and as an agent in Saudi Stock Exchange for the new market launch.

 

Tadawul plans to launch the derivatives market on Sunday, Aug. 30., according to data compiled by Argaam.

 

The SF30 Index Futures Contract is based on the MSCI Tadawul 30 (MT30) Index.

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