Saudi Exchange Company announces the approval of SNB Capital to conduct Market Making activities on Almasane Alkobra Mining Co (1322) and Waja Co. (9560)
Saudi Exchange Company announces the approval of SNB Capital application for conducting Market Making activities on Almasane Alkobra Mining Co (1322) and Waja Co. (9560) commencing on 30/07/2025.
The Market Maker obligations on on Almasane Alkobra Mining Co (1322) are the following:
• Minimum Presence of Orders: 70%
• Minimum Size: 75,000 ^
• Maximum Spread: 0.75%
• Minimum Value Traded: ≥ 5%
The Market Maker obligations on Waja Co. (9560) are the following:
• Minimum Presence of Orders: 50%
• Minimum Size: 50,000 ^
• Maximum Spread: 5%
• Minimum Value Traded: N/A
SNB Capital 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).