Logo ofSaudi Exchange (Tadawul)
The Saudi Exchange (Tadawul) and Securities Clearing Center Co. (Muqassa) introduced a package of structural enhancements to the Saudi derivatives market as part of efforts to develop and activate market mechanisms in line with investors’ needs. 
The enhancements target MT30 Index Futures and Single Stock Futures, with the aim of boosting liquidity and market efficiency and broadening participation among institutional and retail investors.
According to the Tadawul statement, the enhancements took effect on Aug. 19 and include a restructuring of the market-making framework, as well as lower trading, clearing, and regulatory fees. Trading fees for futures contracts and final settlement fees will also be fully waived for one year.
Muqassa introduced additional fee waivers covering fees related to additional segregated collateral accounts and give-up and take-up services.
The changes also include enhancements to the specifications of Single Stock Futures, including updates to the pricing mechanism and improvements to margining mechanisms to promote more efficient use of capital.
Muqassa also made a margin calculator available on its website to help members understand and calculate margin requirements for all listed derivative products.
As part of this phase, Tadawul entered into agreements with SNB Capital on behalf of several derivatives market makers to support liquidity provision in futures contracts.
The participating firms include Corvus, Binevenagh, BLS Futures Ltd., Eighteen Eight Data Solutions, and MET Traders. Market-making activities began in August 2026 to support the initial phase of liquidity provision in the market.
The enhancements to trading and clearing infrastructure are expected to establish a more robust framework for derivatives trading and support the development of the Saudi capital market in line with international standards and Vision 2030 objectives.
Logo ofSaudi Exchange (Tadawul)
The Saudi Exchange (Tadawul) and Securities Clearing Center Co. (Muqassa) introduced a package of structural enhancements to the Saudi derivatives market as part of efforts to develop and activate market mechanisms in line with investors’ needs.
The enhancements target MT30 Index Futures and Single Stock Futures, with the aim of boosting liquidity and market efficiency and broadening participation among institutional and retail investors.
According to the Tadawul statement, the enhancements took effect on Aug. 19 and include a restructuring of the market-making framework, as well as lower trading, clearing, and regulatory fees. Trading fees for futures contracts and final settlement fees will also be fully waived for one year.
Muqassa introduced additional fee waivers covering fees related to additional segregated collateral accounts and give-up and take-up services.
The changes also include enhancements to the specifications of Single Stock Futures, including updates to the pricing mechanism and improvements to margining mechanisms to promote more efficient use of capital.
Muqassa also made a margin calculator available on its website to help members understand and calculate margin requirements for all listed derivative products.
As part of this phase, Tadawul entered into agreements with SNB Capital on behalf of several derivatives market makers to support liquidity provision in futures contracts.
The participating firms include Corvus, Binevenagh, BLS Futures Ltd., Eighteen Eight Data Solutions, and MET Traders. Market-making activities began in August 2026 to support the initial phase of liquidity provision in the market.
The enhancements to trading and clearing infrastructure are expected to establish a more robust framework for derivatives trading and support the development of the Saudi capital market in line with international standards and Vision 2030 objectives.
