Logo ofSaudi Exchange (Tadawul)
The Saudi Exchange (Tadawul) approved SNB Capital’s request to conduct market-making activities on Almasane Alkobra Mining Co. (AMAK) and Waja Co., starting July 30.
In a statement today, Aug. 4, Tadawul said that the market maker obligations on AMAK are the following:
– Minimum presence of orders: 70%
– Minimum size: SAR 75,000
– Maximum spread: 0.75%
– Minimum Value Traded: ≥ 5%
Meanwhile, the market maker obligations on Waja are the following:
– Minimum presence of orders: 50%
– Minimum size: SAR 50,000
– Maximum spread: 5%
– Minimum value traded: N/A
Logo ofSaudi Exchange (Tadawul)
The Saudi Exchange (Tadawul) approved SNB Capital’s request to conduct market-making activities on Almasane Alkobra Mining Co. (AMAK) and Waja Co., starting July 30.
In a statement today, Aug. 4, Tadawul said that the market maker obligations on AMAK are the following:
– Minimum presence of orders: 70%
– Minimum size: SAR 75,000
– Maximum spread: 0.75%
– Minimum Value Traded: ≥ 5%
Meanwhile, the market maker obligations on Waja are the following:
– Minimum presence of orders: 50%
– Minimum size: SAR 50,000
– Maximum spread: 5%
– Minimum value traded: N/A
