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29/10/2024

Saudi Exchange Company announces the approval of Merrill Lynch Kingdom of Saudi Arabia to conduct Market Making activities on (8313) Rasan Information Technology and (9544) Future Care Trading Company

Saudi Exchange Company announces the approval of Merrill Lynch Kingdom of Saudi Arabia application for conducting Market Making activities on (8313) Rasan Information Technology and (9544) Future Care Trading Company for Trading Commencing on30/10/2024.

The Market Maker obligations on (8313) Rasan Information Technology as follows:

•    Minimum Presence of Orders: 80%
•    Minimum Size: 250,000 SAR
•    Maximum Spread: 0.65%

The Market Maker obligations on (9544) Future Care Trading Company for Trading as follows: 
•    Minimum Presence of Orders: 50%
•    Minimum Size: 50,000 SAR
•    Maximum Spread: 5.00%


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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