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Dear Investor,
Please note that the Saudi Stock Exchange (TADAWUL) will implement revised Trading Hours for equities and ETF markets from 10:00AM – 3:00PM KSA time effective Sunday 3rd April 2016.
The details of the changes in session timings are mentioned below and the timings below are as per KSA standard time.
Pre-trading Session- The Pre-trading session to start at 9:30 AM until 10:00 AM
The pre-trading session is where buy and sell orders are either entered, modified (quantity or price) or cancelled. However, during this session, orders are neither matched nor executed but it will remain held in the order book.
Trading Session - The trading session to start at 10:00 AM until 3:00 PM
The trading session is where all functions in the preceding state are allowed in addition to matching and executing orders.
Post Trading Session - The Post-trading session to start at 3:00 PM until 4:00 PM
The post-trading session is where orders entered during the trading session can either be canceled or expiry date be changed. Other changes to price or quantities are not allowed. In addition, no new orders are allowed during this session.
Trading days will remain the same from Sunday to Thursday.
The new trading hours will be in effect starting Sunday April 3rd, 2016
For more information please call us at +971 600 52 3434 or email us at ENBDSCCC@emiratesnbd.com
Regards,
Emirates NBD Securities LLC
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