Wednesday November 27 2024
News Source: Global Exchanges
Focus: Clearing & Settlement
Type: General
Country: Saudi Arabia
On 25th November 2024, Saudi Tadawul Group announced the implementation of the second bundle of its Post-Trade Transformation Enhancements across its subsidiaries: Saudi Exchange, the Securities Depository Centre (Edaa), and the Securities Clearing Centre (Muqassa).
The launch of the second phase of these enhancements comes as a continuation of the first phase launched in 2022, marking the largest enhancement of its kind in the history of the Saudi Capital Market, aiming to increase investment opportunities, enhance access to a variety of financial instruments, and introduce new products.
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