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Saudi Arabia Implements New Trading Mechanism
Tadawul Saudi Arabia has updated the market order execution mechanism in the Main Market and Nomo to increase immediate transaction volumes and improve liquidity. This is achieved by enabling more flexible order execution through multiple price levels that allow price changes of up to five units, instead of just one. The update aims to enhance efficiency and transparency and is part of efforts to develop the Saudi financial market, providing a more reliable and attractive environment for both local and global investors.
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