APPROVAL OF THE AMENDED TRADING AND MEMBERSHIP PROCEDURES
Thursday, November 05, 2020 at 3:25 PM
Thu Nov 5, 2020 15:25
The Saudi Stock Exchange (Tadawul) announces that its Board has issued its resolution number (19-2020) dated 15/01/1442H corresponding to 03/09/2020G approving the following:
The amended Trading and Membership Procedures (click here)
The amended Trading and Membership Procedures includes introducing new criteria related to the size requirements of Negotiated Deals, in addition to introducing new amendments related to the fluctuation limits mechanism in both the Main Market and the Parallel Market (Nomu). Through these changes, Tadawul aims to strengthen the Exchange’s market infrastructure and introduce market enhancements to advance the efficiency and effectiveness of the Saudi capital market for local and international investors.
It should be noted that the amended Trading and Membership Procedures shall be effective on 22/03/1442H corresponding to 08/11/2020G