Logo of Saudi Exchange (Tadawul)
Saudi Exchange (Tadawul) approved Morgan Stanley Saudi Arabia’s request to conduct market-making activities on Saudi Industrial Export Co. (SIECO) and Al Kathiri Holding Co., starting Oct. 14. 
For SIECO and Al Kathiri, market-maker obligations include maintaining 50% minimum order presence, SAR 75,000 minimum order size, a 2% max price spread, with no minimum value traded.
Tadawul noted that Morgan Stanley Saudi Arabia will adhere to established market-making rules and procedures.
Logo of Saudi Exchange (Tadawul)
Saudi Exchange (Tadawul) approved Morgan Stanley Saudi Arabia’s request to conduct market-making activities on Saudi Industrial Export Co. (SIECO) and Al Kathiri Holding Co., starting Oct. 14.
For SIECO and Al Kathiri, market-maker obligations include maintaining 50% minimum order presence, SAR 75,000 minimum order size, a 2% max price spread, with no minimum value traded.
Tadawul noted that Morgan Stanley Saudi Arabia will adhere to established market-making rules and procedures.
