Al Rajhi Capital to conduct market-making activities on Al-Modawat

20/03/2025 Argaam
Logo ofAl-Modawat Specialized Medical Co.

Logo of Al-Modawat Specialized Medical Co.

The Saudi Exchange Co. (Tadawul) approved Al Rajhi Capital’s application for conducting market-making activities on Nomu-listed Al-Modawat Specialized Medical Co. as of March 23.

 

According to a Tadawul filing today, March 20, the market maker's obligations on Al-Modawat include maintaining a minimum order presence of 50%, a minimum order size of SAR 50,000, and a maximum spread of 5%. There is no minimum value traded requirement.

 

For more news on listed companies

 

Tadawul also said Al Rajhi Capital will conduct market-making activities as defined in the market-making regulations and procedures.

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