Tadawul approves SNB Capital as market maker for AMAK, WAJA

04/08/2025 Argaam
Logo ofSaudi Exchange (Tadawul)

Logo of Saudi Exchange (Tadawul)

The Saudi Exchange (Tadawul) approved SNB Capital’s request to conduct market-making activities on Almasane Alkobra Mining Co. (AMAK) and WAJA Co., starting July 30.

 

In a statement today, Aug. 4, Tadawul said that the market maker obligations on AMAK are the following:

 

- Minimum presence of orders: 70%

 

- Minimum size: SAR 75,000

 

- Maximum spread: 0.75%

 

- Minimum value traded: ≥ 5%

 

Meanwhile, the market maker obligations on WAJA are the following:

 

- Minimum presence of orders: 50%

 

- Minimum size: SAR 50,000

 

- Maximum spread: 5%

 

- Minimum value traded: N/A

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