Saudi Exchange Company announces the approval of Merrill Lynch KSA to conduct Market Making activities on Saudi Arabian Oil Co. (Aramco) (2222)

Saudi Exchange Company announces the approval of Merrill Lynch KSA’s application for conducting Market Making activities on Saudi Arabian Oil Co. (Aramco) (2222), as the first international Market Maker Commencing on 19/03/2024G.

The Market Maker obligations on Saudi Arabian Oil Co. (Aramco) (2222) as follows:

•    Minimum Presence of Orders: 80%
•    Minimum Size: 500,000 SAR
•    Maximum Spread: 0.30%
Merrill Lynch KSA 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).