CMA licenses Tradeweb to conduct securities exchange activities

04/07/2024 Argaam

The Capital Market Authority (CMA) licensed Tradeweb to conduct the business of securities exchange in the form of alternative trading system for Sukuk and debt instruments, according to a statement.

 

The regulator announced on Oct. 9, 2023 the window of receiving authorization applications to carry out the securities exchanges activities as an Alternative Trading System (ATS).

 

The Alternative Trading System is a market licensed by CMA to trade specific types of securities for specific categories of investors.

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