Merrill Lynch to conduct market-making activities on Aramco by Q1 2024

21/02/2024 Argaam
Tadawul trading screen

Tadawul trading screen


Merrill Lynch will enter the Saudi stock market as a market maker before the end of the first quarter of 2024, said Nick Druett, Head of EMEA Electronic Trading.

 

He added that Merrill Lynch will start with Saudi Arabian Oil Co. (Saudi Aramco), Druett told Al Eqtisadiah newspaper.

 

The expansion as a market maker will be based on the company's experience with Saudi Aramco, he added.

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