Tadawul approves SNB Capital as market maker for MT30 Index Futures

06/07/2023 Argaam
Logo ofSNB Capital

Logo of SNB Capital

The Saudi Exchange (Tadawul) approved SNB Capital as a market maker for the MT30 Index Futures, the company said today, July 6, in a statement.

 

SNB Capital will commence market-making activities on MT30 Index Futures contracts as the first derivatives market maker on July 9, 2023, as defined in the market-making regulations and the market-making procedures.

 

The step marks a major milestone for the Saudi Derivatives Market in providing liquidity to attract hedgers and directional traders alike, the statement added.

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