Tadawul approves SNB Capital as market maker for BinDawood Holding, Jahez

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Saudi Exchange (Tadawul) approved SNB Capital’s request to initiate market-making for BinDawood Holding Co. (4161) and Jahez International Company for Information System Technology (9526), starting Oct. 28.

For BinDawood Holding, market-maker obligations include maintaining 80% order presence, SAR 150,000 minimum order size, and a 0.65% max price spread.

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For Jahez International, requirements are 50% order presence, SAR 50,000 minimum size, and a 5% spread cap.

Tadawul noted SNB Capital will adhere to established market-making rules and procedures.