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03/09/2025

Saudi Exchange Company announces the approval of Merrill Lynch Kingdom of Saudi Arabia to conduct Market Making activities on Flynas Co. (4264) and BAAN Holding Group Co. (1820)

Saudi Exchange Company announces the approval of Merrill Lynch Kingdom of Saudi Arabia applications for conducting Market Making activities on Flynas Co. (4264) and BAAN Holding Group Co. (1820) commencing on 04/09/2025.


The Market Maker obligations on Flynas Co. (4264) are the following:
•    Minimum Presence of Orders: 80%
•    Minimum Size: ^ 250,000 
•    Maximum Spread: 0.65%
•    Minimum Value Traded: ≥ 5%
The Market Maker obligations on BAAN Holding Group Co. (1820) are the following:
•    Minimum Presence of Orders: 50%
•    Minimum Size: ^ 150,000 
•    Maximum Spread: 2.00%
•    Minimum Value Traded: N/A

Merrill Lynch Kingdom of Saudi Arabia will be conducting Market Making activities as defined in the Market Making Regulations and the Market Making Procedures.
For more information about Market Making, please (Click Here).

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