Logo ofThe Saudi Exchange (Tadawul)
The Saudi Exchange (Tadawul) approved Morgan Stanley’s request to conduct market-making activities onRaoom Trading Co.andAmericana Restaurants International PLC, starting, Sep. 9. 
In a statement today, Sept. 8, Tadawul said that market-making activities will be carried out by Morgan Stanley, as outlined in the market-making rules and procedures, noting that the market maker’s obligations will be as follows:
First: Raoom:
– Minimum presence of orders: 70%
– Minimum size: SAR 50,000
– Maximum spread: 0.75%
– Minimum value traded: ≥5%
Second: Americana:
– Minimum presence of orders: 50%
– Minimum size: SAR 250,000
– Maximum spread: 2%
– Minimum value traded: N/A
Logo ofThe Saudi Exchange (Tadawul)
The Saudi Exchange (Tadawul) approved Morgan Stanley’s request to conduct market-making activities onRaoom Trading Co.andAmericana Restaurants International PLC, starting, Sep. 9.
In a statement today, Sept. 8, Tadawul said that market-making activities will be carried out by Morgan Stanley, as outlined in the market-making rules and procedures, noting that the market maker’s obligations will be as follows:
First: Raoom:
– Minimum presence of orders: 70%
– Minimum size: SAR 50,000
– Maximum spread: 0.75%
– Minimum value traded: ≥5%
Second: Americana:
– Minimum presence of orders: 50%
– Minimum size: SAR 250,000
– Maximum spread: 2%
– Minimum value traded: N/A
