Tadawul Group, Muqassa approve amended derivatives trading, registration rules

Saudi Tadawul Group Holding Co.’s (Tadawul Group) board announced today, June 26, issuing its resolution No. 14-2021, dated Oct. 6, 2021, approving the amended derivatives trading and registration requirements.
 

Similarly, the Securities Clearing Center Co.’s (Muqassa) board announced the issuance of its resolution No. 22-2021, which also dates to Oct. 6, 2021, and entails approval of the amended derivatives clearing procedures.
 

Tadawul earlier announced the launch of the single stock futures product, starting from July 4, 2022.
 

These procedures will be effective as of July 4, 2022, concurrently with the launch of the single stock futures product.