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Morgan Stanley Saudi Arabia Gets Market-making Approval for Gulf General Cooperative Insurance

MT Newswires·11/10/2026 09:14:46
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09:14 AM EST, 11/10/2026 (MT Newswires) -- The Saudi Exchange cleared Morgan Stanley Saudi Arabia to carry out market-making activities on Gulf General Cooperative Insurance (SASE:8260), starting Wednesday. The market maker obligations include a minimum size of 50,000 Saudi riyals, a minimum order presence of 50%, and a maximum spread of 2%, according to a Tuesday notice.