Tadawul terminates Morgan Stanley’s market making for AZM, Obeikan Glass

13/10/2025 Argaam
Tadawul trading screen

Tadawul trading screen

The Saudi Exchange (Tadawul) approved Morgan Stanley’s request to terminate the market-making activity for Saudi AZM for Communication and Information Technology Co. (7211) and Obeikan Glass Co. (4145).

 

The approval is effective as of Oct. 14, 2025, it added in a statement on Tadawul.

 

According to Argaam’s data, Tadawul approved, in July, Morgan Stanley Saudi Arabia’s request to conduct market-making activities on 14 stocks listed on the Main Market and the Nomu-Parallel Market, effective July 15, 2025.

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