 |
Investment brief
Sunday, 1 November 2026 · Jumada I 21, 1448 AH |
Deals, funds and listings Monitoring window: 07:07 on 25 Oct to 07:07 on 1 Nov, Riyadh time
|
|
|
Investment in Saudi Arabia · 2 min read
|
CMA caps algorithmic trading orders in the main market from 1 November 2026 |
|
The bottom line
RiskThree CMA circulars require brokers and investment firms to make operational changes before 13 and 31 December. WatchThe governance draft gives 5% holders leverage over 13 loss-making companies; comments close 28 November.
|
|
|
Markets
|
Brent crude
117.64 $/barrel ▲ 2.4%
|
Gold
3,874.40 $/oz ▼ 3.5%
| |
Saudi market index (TASI)
9,921.50 points
|
S&P 500
7,580.07 points ▼ 1.8%
|
30 Oct close (Saudi market index (TASI): 29 Oct)
|
|
|
|
The lead story
Tadawul Group Q3 net profit falls 41.8%
What happened Net profit was 48.1m riyals versus 82.7m riyals a year earlier; operating revenue fell 8.1% to 292.2m riyals. The company cited a 3.1% rise in operating expenses.
|
|
◆ Sector leaders (2)
|
|
|
|
◆ Regulation (4)
|
CMA caps algorithmic trading orders in the main market from 1 November
The cap is 20 orders per trading day per registered trader and per security in the continuous session, by liquidity category. Institutions have until 31 December 2026 to adjust.
Why it matters: Investment companies running algorithmic strategies must adjust their systems by 31 December 2026.
|
CMA tightens rules for dealing in foreign markets
Rules require at least 50% initial margin and coverage not below 25%, and bar margin trades on leveraged ETFs and commodity, metal and volatility-linked securities. Effective now, with existing arrangements due by 31 December 2026.
Why it matters: Investment firms must adjust existing foreign-market client arrangements by 31 December 2026.
|
CMA bars brokers from internally matching investor orders
Brokers must route orders to the market to compete on price and priority from 13 December, covering client, proprietary and direct-access orders. Negotiated deals remain allowed.
Why it matters: Brokerage firms must change order-execution systems before 13 December.
|
|
|
◆ Industry & market
|
|
|
◆ Saudi Arabia: security & major events
|
|
|
◆ Worth reading
|
United States
How Capital One uses AI in service, fraud and risk
An AI assistant for risk and compliance audits cut quality errors 85% and saved about 5,000 hours.
Why it matters: Measuring quarterly ROI blocks transformation; the real return is a satisfied customer.
|
|
◆ On the radar
|
◆ Sun 1 Nov: OPEC+ monthly meeting on oil output levels OPEC ◆ Sat 28 Nov: Consultation on CMA governance draft closes الاقتصادية ◆ Sun 13 Dec: Ban on internal order matching at brokers takes effect الاقتصادية ◆ Thu 31 Dec: Deadline to comply with algorithmic and foreign-market rules سبق
|
For this brief we read 139 stories and chose 10.
Ijaz selects and summarizes the news with AI and can get things wrong. Check the source before relying on a story. Report any error to hello@ijaz.ai.
Prepared by  |
|
Forwarded by a colleague? Get a free brief for your company →
|