RIYADH, March 26, 2025 — The Saudi Exchange Company has authorized Morgan Stanley Saudi Arabia to engage in Market Making activities for eight listed securities in both the Main Market and Nomu – Parallel Market, starting March 10, 2025.
In the Main Market, Morgan Stanley Saudi Arabia will serve as a Market Maker for Arabian Internet and Communications Services Co. (7202), Electrical Industries Co. (1303), Elm Co. (7203), and The Company for Cooperative Insurance (8010).
The Market Maker responsibilities for these securities include maintaining a minimum order presence of 80%, minimum order sizes ranging from SR75,000 to SR150,000, and a maximum spread of 0.65%.
In the Nomu – Parallel Market, Market Making will apply to National Environmental Recycling Co. (9540), International Human Resources Co. (9545), Almuneef Company for Trade, Industry, Agriculture, and Contracting (9569), and Aqaseem Factory for Chemicals and Plastics Co. (9539). For these securities, the minimum order presence will be 50%, the minimum order size will be SAR 50,000, and the maximum spread will be 5.00%.
Morgan Stanley Saudi Arabia will operate in accordance with the Market Making Regulations and Procedures set by the Saudi Exchange, enhancing market liquidity and efficiency.