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The Saudi Exchange (Tadawul) has officially approved a request from SNB Capital to act as a market maker for three listed companies starting August 23. The approved stocks include Arab National Bank (ANB), BAAN Holding Group Co., and Sadr Logistics Co. Each asset comes with specific regulatory commitments, such as maintaining order presence percentages ranging from 50% to 80% and maximum bid-ask spreads set between 0.65% and 3% depending on the equity. This regulatory development is part of Tadawul's ongoing efforts to enhance market liquidity, improve execution efficiency, and reduce bid-ask spreads for listed equities. By institutionalizing market-making activities, the exchange aims to attract deeper capital reserves and ensure smoother trading conditions for both institutional and individual investors across these specific securities. For regional investors and domestic market participants, the entry of SNB Capital as a market maker provides structural support and reduces potential slippage in trading. Market participants should monitor whether the added liquidity encourages higher trading volumes in ANB, BAAN, and Sadr Logistics in the coming sessions.
