Riyadh – Mubasher: Saudi Exchange (Tadawul) has announced the approval of a request from SNB Capital to act as a market maker for the Alawwal Invest Hang Seng Hong Kong ETF.
The appointment, effective from 8 July 2026, aims to support liquidity within the exchange's exchange-traded funds framework.
Under the terms of the agreement, SNB Capital must adhere to specific performance requirements to ensure market stability for the fund.
These obligations include a minimum presence of orders for at least 80% of the trading session. Furthermore, the market maker is required to maintain a minimum order size of SAR 50,000 and ensure that the maximum bid-ask spread does not exceed 2%.
The market making activities will be conducted in accordance with the established regulations and procedures set by the Saudi Exchange.
This move follows the exchange's ongoing efforts to enhance the trading environment and provide greater depth for specialized investment vehicles such as international index-linked ETFs.
