Monday, 4 December 2017

SAUDI STOCK EXCHANGE (TADAWUL) SIGNS POST-TRADE TECHNOLOGY TRANSFORMATION AGREEMENT WITH NASDAQ

Saudi Stock Exchange will transform its post-trade infrastructure

Nasdaq to deliver new cash and derivatives clearing, central securities depository (CSD) and post-trade risk management technologies

RIYADH, N.Y. and STOCKHOLM, Sweden, Dec 4 (Bernama-GLOBE NEWSWIRE) -- The Saudi Stock Exchange (Tadawul) and Nasdaq have officially signed an agreement to transform Tadawul’s post-trade technology infrastructure, which includes registry, depository and risk management technologies. In addition to the post-trade area, Nasdaq will continue to support the existing trading and market surveillance technology at Tadawul.

http://mrem.bernama.com/viewsm.php?idm=30698

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