‎Tadawul tightens internal matching rules

‎Tadawul tightens internal matching rules ‎Tadawul tightens internal matching rules

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Tadawul trading screen

Saudi Exchange (Tadawul) announced that the Capital Market Authority’s (CMA) board approved the amended trading and membership rules and the glossary of terms used in the market rules on Oct. 12.

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Tadawul’s board of directors also approved the amended trading and membership procedures.

The amendments introduce a mechanism to prevent internal matching and require orders to be routed to the market on a gross basis, enhancing transparency in market order flows.

The amended rules, procedures and glossary will take effect on Dec. 13.

 

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Tadawul trading screen

Saudi Exchange (Tadawul) announced that the Capital Market Authority’s (CMA) board approved the amended trading and membership rules and the glossary of terms used in the market rules on Oct. 12.

Tadawul’s board of directors also approved the amended trading and membership procedures.

The amendments introduce a mechanism to prevent internal matching and require orders to be routed to the market on a gross basis, enhancing transparency in market order flows.

The amended rules, procedures and glossary will take effect on Dec. 13.

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