Licensing Tradeweb to Conduct Securities Exchange Activities as Alternative Trading System

The Capital Market Authority (“CMA”) announces that Tradeweb has obtained the license to conduct the business of Exchange in the form of Alternative Trading System for Sukuk and Debt instruments.
This is in reference to the announcement of CMA dated 24/03/1445H corresponding to 09/10/2023G, related to the window of receiving authorization applications to carry out the Securities Exchanges activities as an Alternative Trading System (ATS), and in accordance to the Capital Market Law issued by Royal Decree No. (M/30) dated 02/06/1424H and its Implementing Regulations.
The Alternative Trading System is a market licensed by the Capital Market Authority to trade specific types of securities for specific categories of investors.