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The Saudi Capital Market Authority announced the commencement of license applications to operate in the commodities and metals market for a period of 123 days. The aim is to strengthen the foundational infrastructure and diversify financial instruments in the market, with a particular focus on trading activities in a secondary market for commodity and metal derivatives contracts. During this period, one license will be issued in accordance with the market structure, with the goal of enhancing its attractiveness and investor confidence. The Authority has called on interested parties to apply in accordance with the licensing requirements.
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