Riyadh – Mubasher: Saudi Tadawul Group Holding Company has launched its new Capital Management System (CMS) on the sidelines of the Capital Markets Forum (CMF) 2025, which will conclude on 19 February.
The CMS marks a transformative shift in access to offerings on the Saudi capital market, according to a press release.
Following the implementation of the first phase in managing initial public offerings (IPOs) in Nomu – Parallel Market, and after the success of the pilot phase in the Main Market, the system will now be fully launched to receive subscriptions for a wide range of securities.
This expansion aims to further develop the Saudi capital market and increase its attractiveness to investors.
The new system provides investors with a seamless subscription experience, allowing them to subscribe directly through their investment portfolios without the need to open new accounts.
Furthermore, this simplifies the process, saving time and effort while expanding access to a broader range of investment opportunities, thereby enhancing their investment flexibility and decision-making.
The CEO of the Saudi Exchange, Mohammed Al Rumaih, saidd: "The rollout of the new Capital Management System, by Saudi Exchange, to all market participants is another demonstration of our commitment to strengthening the Saudi capital market, in alignment with the goals of the Financial Sector Development Program and Vision 2030.”
Al Rumaih elaborated: “This system simplifies the investment process by allowing subscriptions through single access points, thereby enhancing accessibility and efficiency for both issuers and investors. The CMS not only facilitates broader engagement with diverse investment opportunities but also embodies our mission to position Saudi Exchange as a globally connected and innovative capital market.”
The CEO concluded: “We recognise the significant value this creates in bridging investors’ aspirations with market opportunities, and we strongly encourage all market participants to activate their preferred CMI accounts to fully benefit from what CMS has to offer."
For issuers, CMS significantly shortens the time required to access the market, enabling them to list their financial securities more efficiently. It also allows them to reach a broader investor base, increasing the likelihood of a successful offering and boosting demand for IPOs.
For financial institutions and subscription managers, including Capital Market Institutions (CMIs), CMS will provide them with greater flexibility in managing IPO processes, reducing administrative burdens and streamlining the subscription workflow. Additionally, it reinforces their strategic role in the Saudi capital market by improving their operational efficiency and execution speed.
There will be 15 participating CMIs in the new CMS initially; AlBilad Capital, Alistithmar Capital, AlJazira Capital, AlKhabeer Capital, Alinma Capital, AlRajhi Capital, ANB Capital, BSF Capital, Derayah Financial, GIB Capital, Riyad Capital, SAB Invest, Sahm Capital, SNB Capital, and Yaqeen Capital.
During the three-day CMF2025, Al Rumaih stated that the Main Market and the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) witnessed more than 45 IPOs throughout 2024.
