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Saudi Bourse Clears Morgan Stanley Saudi Arabia's Market-making Activities on Two Companies

MT Newswires·10/21/2026 00:29:05
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12:29 AM EDT, 10/21/2026 (MT Newswires) -- The Saudi Exchange authorized Morgan Stanley Saudi Arabia to carry out market-making activities on luxury goods and services company Fitaihi Holding Group (SASE:4180) and plastic products manufacturer Zahrat Al Waha for Trading Co. (SASE:3007). The market maker obligations will have a minimum size of 75,000 Saudi riyals, with a minimum order presence of 50% and a maximum spread of 2%, according to a Tuesday notice. Morgan Stanley Saudi Arabia will start conducting the market-making activities from Wednesday.