Morgan Stanley has been approved by the Saudi Exchange Company to act as a market maker for 16 listed securities on the Tadawul, including those on the main and parallel markets. As a market maker, Morgan Stanley will actively quote both buy and sell prices for these securities, helping to improve liquidity and stability in the market.
Morgan Stanley has been approved by the Saudi Exchange Company to act as a market maker for 16 listed securities on the Tadawul, including those on the main and parallel markets. As a market maker, Morgan Stanley will actively quote both buy and sell prices for these securities, helping to improve liquidity and stability in the market.
The approval, granted by the Saudi Exchange Company, marks a significant milestone in Morgan Stanley's expansion into the Middle Eastern financial markets. The firm's market-making activities are scheduled to commence on Tuesday, September 2, 2025 [1].
Market makers play a crucial role in financial markets by providing liquidity and depth. They are obligated to actively quote both buy and sell prices for the securities they cover, facilitating smoother trading and reducing market volatility [1]. By assuming this role, Morgan Stanley aims to enhance the liquidity and stability of the Saudi securities market.
The list of securities for which Morgan Stanley will provide market-making services can be found on the Saudi Exchange Company's website. The firm's market-making activities are expected to commence on the specified date, potentially benefiting investors and traders by improving market efficiency and reducing transaction costs.
This development underscores Morgan Stanley's commitment to providing robust financial services and supporting the growth of the Saudi securities market. The firm's approval as a market maker reflects its dedication to fostering a more dynamic and resilient market environment.
References:
[1] https://www.ainvest.com/news/morgan-stanley-act-market-maker-16-saudi-exchange-securities-2509/
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