The Capital Market Authority in Saudi Arabia has issued a document outlining the requirements for obtaining a License to operate under the alternative trading system, aimed at clarifying licensing aspects for interested parties. A deadline for receiving inquiries has been set until November 30, 2023, and the Authority will publish the responses on its website. The document includes a definition of the alternative trading system and the licensing requirements, including the required License and t...
The main inquiries received by the Capital Market Authority regarding the request for a license to engage in market activities under the category of Alternative Trading System Law in the Kingdom