Tadawul to apply price limit validation on incoming orders Jan. 21

18/01/2018 Argaam

 

The Saudi Stock Exchange (Tadawul) and Nomu Parallel Market will start applying the new price limit validation on incoming orders, starting Jan. 21, the bourse said in a statement on Thursday.

 

Investors will be able to enter buy orders below the lower fluctuation limit, and sell orders above the daily upper fluctuation limit.

 

The new adjustment will apply to equities listed on Tadawul and Nomu, tradable rights, ETFs and REITs, the Captured orders will be stored in the order book until they are eventually matched, the statement added.

 

The current daily fluctuation limits will not be affected by this adjustment.

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