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Saudi Exchange Company announces the approval of Merrill Lynch KSA application to conduct Market Making activities on Jazan Development and Investment Co. (6090) and Salama Cooperative Insurance Co. (8050)
Saudi Exchange Company announces the approval of Merrill Lynch KSA application to conduct Market Making activities on Jazan Development and Investment Co. (6090) and Salama Cooperative Insurance Co. (8050) commencing on 05/08/2026
The Market Maker obligations on Jazan Development and Investment Co. (6090) are the following:
• Minimum Presence of Orders: 50%
• Minimum Size: ^50,000
• Maximum Spread: 2.00%
• Minimum Value Traded: N/A
The Market Maker obligations on Salama Cooperative Insurance Co. (8050) are the following:
• Minimum Presence of Orders: 50%
• Minimum Size: ^50,000
• Maximum Spread: 2.00%
• Minimum Value Traded: N/A
Merrill Lynch KSA will conduct Market Making activities as defined in the Market Making Regulations and the Market Making Procedures.
For more information about Market Making, please (Click Here).