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Saudi Exchange Company announces the approval of Merrill Lynch KSA Company to conduct Market Making activities on Walaa Cooperative Insurance Co. (8060) and Batic Investments and Logistics Co. (4110)

27 November, 2024 15:57

Saudi Exchange Company announces the approval of Merrill Lynch KSA Company application for conducting Market Making activities on Walaa Cooperative Insurance Co. (8060) in Main Market, and Batic Investments and Logistics Co. (4110) in Main Market commencing on 28/11/2024G. The Market Maker obligations on Walaa Cooperative Insurance Co. (8060) as follows: •    Minimum Presence of Orders: 70% •    Minimum Size: 75,000 SAR •    Maximum Spread: 0.75% •    Minimum Value Traded: ≥ 5% The Market Maker obligations on Batic Investments and Logistics Co. (4110)    as follows:  •    Minimum Presence of Orders: 50% •    Minimum Size: 150,000 SAR •    Maximum Spread: 2.00% •    Minimum Value Traded: N/A Merrill Lynch KSA Company will be conducting Market Making activities as defined in the Market Making Regulations and the Market Making Procedures. For more information about Market Making, please (Click Here).

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