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Tadawul daily transaction to reach 2 Million
Saudi Press Agency Published in Saudi Press Agency on 15 - 10 - 2007

The Saudi Capital Market Authority (CMA) will launch on October 20 the much-awaited new rules that will govern trading on the Tadawul stock market.
Among the salient features of the new system is its ability to significantly boost the capacity for processing trades, Arab News reported today.
In its latest monthly bulletin, the Riyadh-based Jadwa Investment said that the daily transaction would rise to two million from the current level of about 800,000, and has the flexibility to be upgraded further.
Additionally, the new system makes it possible to introduce trading in products such as bonds and sukuk and to offer entirely new products such as exchange traded funds.

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