Logo of Batic Investments and Logistics Co.
The Saudi Exchange (Tadawul) approved Morgan Stanley’s request to conduct market-making activities on Batic investments and logistics Co. starting Oct. 25.
In a statement today, Tadawul said that the market maker obligations on Batic are the following:
- Minimum presence of orders: 50%
- Minimum size: SAR 250,000
- Maximum spread: 2%
- Minimum value traded: N/A
SNB Capital will conduct market-making activities as defined in the Market-Making Regulations and Procedures.
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