Become a Market Maker

Market Makers are Exchange Members who ensure the availability of liquidity for a listed security by continuously quoting buy and sell orders on a continuous basis during the Market Open session. Market Makers are required to place buy and sell orders in accordance with market making obligations published on the Saudi Exchange (“The Exchange”) website. Market Making obligations cover maximum spread, minimum size, presence time and daily traded value obligations, where applicable. Market makers will be eligible for incentives (discounted trading commission), provided obligations are met at the end of each trading day.

The Market Making regulations and procedures as part of the Market Making framework facilitate for Exchange Members to conduct market making activities as per a Market Making Agreement between the Exchange and the Exchange Member (Market Maker). The Exchange Member may act as a Market Maker, either as a principle on their own account or as an agent on behalf of a client, which may be an issuer or investor.