‎SNB Capital approved as market maker for Alkhabeer Growth & Income, CMCER  

‎SNB Capital approved as market maker for Alkhabeer Growth & Income, CMCER   ‎SNB Capital approved as market maker for Alkhabeer Growth & Income, CMCER  

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The Saudi Exchange (Tadawul) approved SNB Capital’s request to conduct market-making activities on Alkhabeer Growth and Income Traded Fund and Canadian Medical Center Co. (CMCER) listed on the Nomu – Parallel Market, starting, Sep. 3.

In a statement today, Sep. 2, Tadawul said that market-making activities will be carried out by SNB Capital, as outlined in the market-making rules and procedures, starting from Sept. 3, noting that the market maker’s obligations will be as follows:

First: Alkhabeer Growth and Income:

– Minimum presence of orders: 70%

– Minimum size: SAR 50,000

– Maximum spread: 0.75%

– Minimum value traded: ≥5%

Second: CMCER

– 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 Alkhabeer Growth and Income Traded Fund and Canadian Medical Center Co. (CMCER) listed on the Nomu – Parallel Market, starting, Sep. 3.

In a statement today, Sep. 2, Tadawul said that market-making activities will be carried out by SNB Capital, as outlined in the market-making rules and procedures, starting from Sept. 3, noting that the market maker’s obligations will be as follows:

First: Alkhabeer Growth and Income:

– Minimum presence of orders: 70%

– Minimum size: SAR 50,000

– Maximum spread: 0.75%

– Minimum value traded: ≥5%

Second: CMCER

– Minimum presence of orders: 50%

– Minimum size: SAR 50,000

– Maximum spread: 5%

– Minimum value traded: N/A

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