‎Tadawul approves amended listing rules, procedures

‎Tadawul approves amended listing rules, procedures ‎Tadawul approves amended listing rules, procedures

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Tadawul trading screen

The Saudi Exchange (Tadawul) announced today, June 26,updatesto its stock split mechanism, thus ensuring that changes in share quantities and nominal values are reflected in investors’ portfolios immediately.

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In a statement on its website today, June 26, Tadawul said the CMA approved the updated listing rules, revised procedures for off-exchange trading of suspended companies’ shares, and updated procedures for suspending trading of listed securities.

Tadawul’s board also approved amendments to trading and membership procedures.

The changes aim to address the impact of nominal value splits and improve market efficiency by adjusting tick size structures across price ranges in the Main Market (TASI) and Nomu-Parallel-Market, excluding debt instruments.

The updated rules and procedures took effect upon publication.

Some provisions have specific effective dates: Subparagraph (8) of Paragraph (C), Article 37 of the amended Listing Rules and Subparagraph (6) of Paragraph (A) in the suspension procedures are valid from publication until June 30, 2025. Paragraph (3-12), Article 3 of the trading and membership procedures takes effect July 1, 2025, while Table (2), Subparagraph (8-1-1), Article 8 becomes effective June 29, 2025.

 

Tadawul trading screen

The Saudi Exchange (Tadawul) announced today, June 26,updatesto its stock split mechanism, thus ensuring that changes in share quantities and nominal values are reflected in investors’ portfolios immediately.

In a statement on its website today, June 26, Tadawul said the CMA approved the updated listing rules, revised procedures for off-exchange trading of suspended companies’ shares, and updated procedures for suspending trading of listed securities.

Tadawul’s board also approved amendments to trading and membership procedures.

The changes aim to address the impact of nominal value splits and improve market efficiency by adjusting tick size structures across price ranges in the Main Market (TASI) and Nomu-Parallel-Market, excluding debt instruments.

The updated rules and procedures took effect upon publication.

Some provisions have specific effective dates: Subparagraph (8) of Paragraph (C), Article 37 of the amended Listing Rules and Subparagraph (6) of Paragraph (A) in the suspension procedures are valid from publication until June 30, 2025. Paragraph (3-12), Article 3 of the trading and membership procedures takes effect July 1, 2025, while Table (2), Subparagraph (8-1-1), Article 8 becomes effective June 29, 2025.

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