![Al Rajhi Capital to conduct market-making activities on Obeikan Glass: Tadawul](https://argaamplus.s3.amazonaws.com/1042d179-c2d9-428b-af86-43c63f493140.png)
Obeikan Glass manufacturing facility
The Saudi Exchange Co. (
Tadawul) approved Al Rajhi Capital’s application for conducting market-making activities on Nomu-listed
Obeikan Glass Co. as of May 26.
The market maker obligations on Obeikan are the following:
- Minimum Presence of Orders: 50%.
- Minimum Size: SAR 100,000.
- 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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