Riyadh – Mubasher: The Saudi Exchange Company has officially announced the approval of Al Rajhi Capital to begin market-making activities for Abdulaziz bin Ahmed Altwijri Trading Company starting from 10 June 2026.
The aproval aims to enhance the liquidity and trading efficiency of the company’s shares on the Saudi Exchange (Tadawul), according to an official statement.
The Saudi Exchange Company has confirmed that Al Rajhi Capital has successfully fulfilled the requirements to act as a designated market maker for Altwijri Trading which is listed under the ticker symbol 9651. This move is part of the exchange’s broader initiative to improve market depth and provide a more robust trading environment for listed securities through the participation of specialized financial institutions.
As a registered market maker, Al Rajhi Capital will be required to adhere to a specific set of operational obligations designed to ensure consistent liquidity for the security.
According to the exchange’s announcement, Al Rajhi Capital must maintain a minimum presence of orders for at least 50% of the trading session. This presence requirement is a critical metric intended to ensure that investors have access to a reliable counterparty for both buying and selling activities throughout the majority of the trading day.
In addition to the presence requirement, the market maker is obligated to maintain a minimum order size of SAR 50,000.
By establishing a minimum value for quotes, the exchange ensures that the liquidity provided is substantial enough to accommodate standard transaction volumes without causing significant price fluctuations.
This depth in the order book is essential for institutional and retail investors who require price stability when executing trades of various sizes.
Furthermore, the agreement stipulates a maximum spread of 5%, which represents the difference between the bid and ask prices, is a primary indicator of market efficiency.
By capping this margin at 5%, Tadawul aims to minimize transaction costs for market participants and prevent wide price gaps that can occur in less liquid securities.
The activities performed by Al Rajhi Capital will be conducted in strict accordance with the Market Making Regulations and the Market Making Procedures set forth by Tadawul. These regulatory frameworks are designed to govern the conduct of market makers, ensuring that their activities contribute to a fair and orderly market while providing the necessary incentives for financial firms to take on the risks associated with providing liquidity.
