Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Tadawul To Adjust The Price Limit Validation On Incoming Orders

Date 24/12/2017

The Saudi Stock Exchange (Tadawul) is to adjust the price limit validation on incoming orders for shares starting from January 21, 2018.

Once this adjustment becomes effective, investors will be able to reach the order book with buy orders below the lower fluctuation limit, and sell orders above the upper fluctuation limit. 

Captured orders will be stored in the order book until they are eventually matched. The current fluctuation limits are not affected by this adjustment.