‎Tadawul approves Albilad Capital as ETF Market Maker

‎Tadawul approves Albilad Capital as ETF Market Maker ‎Tadawul approves Albilad Capital as ETF Market Maker

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Logo ofAlbilad Capital

The Saudi Exchange (Tadawul) approved Albilad Capital’s request to conduct market-making activities on the following exchange-traded funds (ETFs): Albilad Gold ETF (9405), Albilad CSOP MSCI Hong Kong China Equity ETF (9410), Albilad MSCI US Equity ETF (9406), and Albilad MSCI US Tech ETF (9407), effective Nov. 10.

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According to Tadawul, the market maker’s obligations for the four ETFs will be as follows:

– Minimum presence of orders: 80%.

– Minimum size: SAR 50,000.

– Maximum spread: 2%.

Tadawul added that Albilad Capital will conduct market-making activities in accordance with the applicable market regulations and procedures.

 

‎

Logo ofAlbilad Capital

The Saudi Exchange (Tadawul) approved Albilad Capital’s request to conduct market-making activities on the following exchange-traded funds (ETFs): Albilad Gold ETF (9405), Albilad CSOP MSCI Hong Kong China Equity ETF (9410), Albilad MSCI US Equity ETF (9406), and Albilad MSCI US Tech ETF (9407), effective Nov. 10.

According to Tadawul, the market maker’s obligations for the four ETFs will be as follows:

– Minimum presence of orders: 80%.

– Minimum size: SAR 50,000.

– Maximum spread: 2%.

Tadawul added that Albilad Capital will conduct market-making activities in accordance with the applicable market regulations and procedures.

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