“Tadawul” Announces Approval Of Securities Tick Size Amendment

The Saudi Stock Exchange “Tadawul” announces today the issuance of its Board resolution on 26/8/1438AH correspondent to 22/5/2017G approving the amendment of securities tick sizes.

According to the new amendment, values of current tick sizes shall be reduced and additional price brands shall be included as follows:

•    Tick size 0.01 for securities traded in less of SAR 10.
•    Tick size 0.02 for securities traded from SAR 10 to SAR 24.98.
•    Tick size 0.05 for securities traded from SAR 25 to SAR 49.95.
•    Tick size 0.10 for securities traded from SAR 50 to SAR 99.90.
•    Tick size 0.20 for securities traded above SAR 100.

The new tick size scales will be applied to the following securities:

•    Main Market Listed Companies (TASI).
•    Nomu-Parallel Market Listed Companies (NOMU).
•    REITs.
•    ETFs.
•    Tradable Rights.

The new tick sizes shall be effective staring from Sunday 04/06/2017.

For more information on the amended tick sizes, please Click here.