The Saudi Exchange announces the launch of Market Making framework for Equity and Derivatives Markets to ensure the availability of liquidity and increase price formation efficiency in line with its efforts to advance the growth of the Saudi capital market as part of the Kingdom’s Vision 2030.
Entities interested in registering as Market Makers must be Exchange members, Derivatives Exchange members or their clients.
Market Makers have to ensure the availability of liquidity for a listed security by providing continuous quotes throughout market open session. The Saudi Exchange will monitor compliance with Market Maker obligations, and will provide incentives to the Market Maker after obligations are met.
Saudi Exchange will publish on its website a list of Market Makers and the securities on which they are performing this activity.
For more information, please visit Saudi Exchange website: [Click here]