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Saudi Exchange Announces its Intention to Launch Single Stock Futures Contracts

The Saudi Exchange announce its intention to launch Single Stock Futures (SSFs) contracts on 04/07/2022 G corresponding to 05/12/1443 H, which will be cleared by the Securities Clearing Center Company “Muqassa”.
SSFs are the second derivatives product to be introduced on the Saudi Exchange, after launching Index Futures, as part of wider efforts to develop an advanced capital market in Saudi Arabia. 
SSFs will enable local and international investors to hedge and manage portfolio risks more effectively as well as diversify products available for trading and hedging in the market. 
The selected underlying stocks for the SSFs to be launched have been chosen from the largest and most liquid companies listed on the Saudi Exchange. They are based on a list of criteria that aims to ensure liquidity in an effort to meet market demand, maintain market integrity, and enable effective portfolio management.
The first tranche of SSFs will be based on the following listed companies:  Al Rajhi Bank, Saudi Aramco, Saudi National Bank (SNB), Alinma Bank, SABIC, stc, Saudi Kayan, Saudi Electricity, Almarai and Maaden.
The launch of Single Stock Futures will enable the expansion of the Saudi Exchange’s Derivatives Market to include additional derivatives products. 

For more information, please visit our website: Saudi Exchange

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