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Tamadul Names Albilad as ETF Market Maker
Tadawul Saudi Arabia announced its approval of Al-Bilad Financial Company's request to conduct market-making activities on three exchange-traded funds, starting from September 21, 2026. The obligations include maintaining a minimum order persistence rate of 80%, an order size of approximately 50,000 riyals, and a maximum price spread of 2% for all relevant funds. This step aims to enhance liquidity and market stability for trading investment funds on the Saudi financial market.
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