The Saudi Arabia Capital Markets Authority announced that Tradeweb Company has completed the commencement-of-business requirements to conduct securities exchange activities as an alternative trading system for sukuk and debt instruments, in line with a CMA resolution issued on 26 June 2024. The approval is issued under the Capital Market Law and its implementing regulations. The CMA linked the start of Tradeweb’s operations to developing the secondary market for debt instruments, including providing trading solutions to investors and supporting transparency and efficiency in trading.
Saudi Arabia Capital Markets Authority 2025-10-14
Saudi Arabia Capital Markets Authority confirms Tradeweb has met requirements to operate an alternative trading system for sukuk and debt instruments
The Saudi Arabia Capital Markets Authority has authorized Tradeweb Company to operate as an alternative trading system for sukuk and debt instruments, following a resolution from June 2024. This approval under the Capital Market Law aims to enhance the secondary market for debt instruments by offering trading solutions and improving transparency and efficiency.