Tadawul approves SNB Capital as market maker for Alkhabeer Growth & Income, CMCER

Logo of Saudi Exchange (Tadawul)

The Saudi Exchange (Tadawul) approved SNB Capital’s request to conduct market-making activities on Alkhabeer Growth and Income Traded Fund and Canadian Medical Center Co. (CMCER) listed on the Nomu – Parallel Market, starting, Sep. 3.

In a statement today, Sep. 2, Tadawul said that market-making activities will be carried out by SNB Capital, as outlined in the market-making rules and procedures, starting from Sept. 3, noting that the market maker’s obligations will be as follows:

First: Alkhabeer Growth and Income:

- Minimum presence of orders: 70%

- Minimum size: SAR 50,000

- Maximum spread: 0.75%

- Minimum value traded: ≥5%

Second: CMCER

- Minimum presence of orders: 50%

- Minimum size: SAR 50,000

- Maximum spread: 5%

- Minimum value traded: N/A