Logo of Banan Real Estate Co.
The Saudi Exchange Co. (Tadawul) approved Al Rajhi Capital’s application for conducting market-making activities on Nomu-listed Banan Real Estate Co. as of June 11.
According to a Tadawul filing today, June 9, the market maker obligations on Banan are as follows:
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- Minimum Presence of Orders: 50%.
- Minimum Size: SAR 100,000.
- Maximum Spread: 5%.
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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