Riyadh — Mubasher: The Saudi Exchange (Tadawul) announced that Al Rajhi Capital, a fully-owned investment banking and financial services subsidiary of Al Rajhi Bank, has finalized all technical and regulatory procedures required for market membership.
This completion allows the firm to provide financial brokerage services, acting as both principal and agent within Tadawul.
The move follows the fulfillment of necessary membership requirements, enabling Al Rajhi Capital to expand its operational scope in the Kingdom's capital market.
By joining the derivatives market, the firm is now authorized to execute trades and offer brokerage services to its clients under the established regulatory framework.
This development is part of the ongoing expansion of the Saudi financial sector as the exchange continues to integrate more institutional participants into its derivatives segment.
