Tadawul approves market rule changes

Tadawul trading screen 

The Saudi Exchange (Tadawul) announced two key decisions, one issued by the Capital Market Authority’s (CMA) board on April 30, and another by Tadawul’s board on June 6.

In a statement on its website today, June 26, Tadawul said the CMA approved the updated listing rules, revised procedures for off-exchange trading of suspended companies’ shares, and updated procedures for suspending trading of listed securities.

Tadawul’s board also approved amendments to trading and membership procedures.

The changes aim to address the impact of nominal value splits and improve market efficiency by adjusting tick size structures across price ranges in the Main Market (TASI) and Nomu-Parallel-Market, excluding debt instruments.

The updated rules and procedures took effect upon publication.

Some provisions have specific effective dates: Subparagraph (8) of Paragraph (C), Article 37 of the amended Listing Rules and Subparagraph (6) of Paragraph (A) in the suspension procedures are valid from publication until June 30, 2025. Paragraph (3-12), Article 3 of the trading and membership procedures takes effect July 1, 2025, while Table (2), Subparagraph (8-1-1), Article 8 becomes effective June 29, 2025.