Tadawul approves SNB Capital as market maker for 3 stocks
- Source
- Argaam - Main News
- Source link
- https://www.argaam.com/en/article/articledetail/id/1930859
- Published
- 2026-08-20 17:29:00
- Discovered by ProcIntel
- 2026-08-20 16:28:31
- Category
- GCC Spotlight
- Geography
- Saudi Arabia
- Organisations
- —
- Review status
- Pending
- Record type
- REAL
Summary
<p><img src="https://argaamplus.s3.amazonaws.com/3ada94b3-57aa-44f8-81a3-c6d128bfb5ca.png" ></p> <p class="ckeCaption" >Logo ofThe Saudi Exchange (Tadawul)</p> <hr> <p >The Saudi Exchange (<strong>Tadawul</strong>) approved SNB Capital’s request to conduct market-making activities on Arab National Bank (<a href="https://www.argaam.com/en/tadawul/tasi/anb" target="_blank">ANB</a>), <a href="https://www.argaam.com/en/tadawul/tasi/baan" target="_blank">BAAN Holding Group Co.</a> and <a href="https://www.argaam.com/en/tadawul/tasi/sadr" target="_blank">Sadr Logistics Co.</a>, starting Aug. 23.</p> <p ></p> <table align="center" border="1" cellpadding="0" cellspacing="0" width="100%"> <tbody> <tr > <td colspan="4" > <p ><strong><span ><span >Market Maker Obligations </span></span></strong></p> </td> </tr> <tr > <td > <p ><strong>Item</strong></p> </td> <td > <p align="center" ><strong>ANB</strong></p> </td> <td > <p align="center" ><strong>BAAN</strong></p> </td> <td > <p align="center" ><strong>Sadr Logistics</strong></p> </td> </tr> <tr > <td > <p ><strong>Minimum presence of orders</strong></p> </td> <td > <p align="center" >80%</p> </td> <td > <p align="center" >50%</p> </td> <td > <p align="center" >50%</p> </td> </tr> <tr > <td > <p ><strong>Minimum size</strong></p> </td> <td > <p align="center" >SAR 75,000</p> </td> <td > <p align="center" >SAR 250,000</p> </td> <td > <p align="center" >SAR 75,000</p> </td> </tr> <tr > <td > <p ><strong>Maximum spread</strong></p> </td> <td > <p align="center" >0.65%</p> </td> <td > <p align="center" >3%</p> </td> <td > <p align="center" >2%</p> </td> </tr> <tr > <td > <p ><strong>Minimum value traded</strong></p> </td> <td > <p align="center" >N/A</p> </td> <td > <p align="center" >N/A</p> </td> <td > <p align="center" >N/A</p> </td> </tr> </tbody> </table> <div ></div> <p >Tadawul said SNB Capital will conduct the market-making activities in line with applicable rules and procedures.</p>
Procurement Relevance Gate
- logistics_freight_transport (weight 12) — matched on "logistics"
- geographic_exposure (weight 8) — matched on "1 linked geography"
Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically-computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
- Initial Significance
- 1 · Low (14.0/100)
- Initial Confidence
- 2 · Low (31.5/100)
- Data sufficiency Whether enough structured evidence exists to trust this Signal's Initial Confidence reading. 'Sufficient' has no cap; 'Partial' and 'Insufficient' cap Confidence until more evidence is available; 'Not Assessed' means the Signal did not pass the Relevance Gate.
- Partial
- Strongest contributor
- Procurement Impact
- Limiting factor
- Geographic Breadth
Initial Significance Low (14.0/100). Strongest contributor: Procurement Impact (6.0/30 points). Limiting factor: Geographic Breadth (0.0/10 points). Initial Confidence Low (31.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (20.0/40 points). Limiting factor: Corroboration (2.5/25 points).
- No likely Event type matched; a low contextual baseline was applied.
- No eligible (non-geographic, non-fictional) entities were linked to this Signal.
- no matched Event type
- no actor entities (only attribution/metadata, if any)
- no actor content-derived geography
- single source only
- Entities were mentioned as context or document attribution rather than as actors in the reported development, so they did not increase Initial Confidence.
- Only source-level geography metadata was available.
- Source metadata did not contribute to Initial Confidence.
Methodology signal_scoring_v1 — calculated 2026-08-20 16:28:31.