Saudi Stock Exchange (Tadawul) announces the issuance of approval to Merrill Lynch Saudi Arabia to conduct market-making activities on Jazan Development and Investment Company (6090) and Salama Cooperative Insurance Company (8050).
JAZADCO 6090.SA | 0.00 | |
SALAMA 8050.SA | 0.00 |
The Saudi Stock Exchange (Tadawul) announces its approval of Merrill Lynch Saudi Arabia's request to conduct market-making activities for the shares of Jazan Development and Investment Company (6090) and Salama Cooperative Insurance Company (8050) starting from 05/08/2026
The obligations of the market maker on behalf of Jazan Development and Investment Company (6090) are as follows:
• Minimum order survival rate: 50%
• Minimum order size: 50,000 ^
• Maximum price difference limit: 2.00%
• Minimum trading value: Not applicable
The obligations of the market maker to Salamah Cooperative Insurance Company (8050) are as follows:
• Minimum order survival: 50%
• Minimum order size: 50,000 ^
• Maximum price difference limit: 2.00%
• Minimum trading value: Not applicable
Market-making activities will be carried out by Merrill Lynch Saudi Arabia as defined in the Market-Making Regulations and Procedures.
For more information about the market industry, please ( click here ).
