Riyadh — Mubasher: The Saudi Exchange (Tadawul) has approved a request from Morgan Stanley Saudi Arabia to commence market-making activities for two listed companies on the Main Market.

The mandate covers Fitaihi Holding Group and Zahrat Al Waha Trading Company, with operations scheduled to begin on 21 October 2026.

Under the regulatory framework, Morgan Stanley Saudi Arabia must adhere to specific performance obligations for both securities.

For Fitaihi Holding Group, the requirements include a minimum presence of orders for 50% of the trading session, a minimum order size of 75,000, and a maximum price spread of 2%.

The exchange noted that a minimum traded value requirement is not applicable for this mandate.

Identical obligations apply to the market-making activities for Zahrat Al Waha Trading, requiring a 50% minimum order presence and a 75,000 minimum order size. The maximum spread for the stock is also capped at 2%.

The activities will be conducted in accordance with the established market-making regulations and procedures of Tadawul to enhance liquidity and price discovery for the designated shares.