Logo ofAlandalus Property Co.
The Saudi Exchange (Tadawul) approved Merrill Lynch Saudi Arabia’s request to conduct market-making activities on Alandalus Property Co. (4320), effective Feb. 9. 
In a statement to Tadawul, the company said the market maker’s obligations will be as follows:
– Minimum presence of orders: 50%
– Minimum size: SAR 50,000
– Maximum spread: 2.00%
– Minimum value traded: Not applicable
Tadawul added that Merrill Lynch Saudi Arabia will conduct market-making activities in accordance with the applicable market regulations and procedures.
Logo ofAlandalus Property Co.
The Saudi Exchange (Tadawul) approved Merrill Lynch Saudi Arabia’s request to conduct market-making activities on Alandalus Property Co. (4320), effective Feb. 9.
In a statement to Tadawul, the company said the market maker’s obligations will be as follows:
– Minimum presence of orders: 50%
– Minimum size: SAR 50,000
– Maximum spread: 2.00%
– Minimum value traded: Not applicable
Tadawul added that Merrill Lynch Saudi Arabia will conduct market-making activities in accordance with the applicable market regulations and procedures.
