1954
Commenced as an informal Financial market
1984
A ministerial committee was formed to regulate and develop the market
2003
Came under the supervision of the Capital Market Authority as the sole regulator
2007
- The Saudi Stock Exchange - Tadawul, was incorporated as the sole entity authorized as a securities exchange in the Kingdom
- Establishment of the “Main Market”
2008
Capital Market Authority approved the entry of foreign investment through swap agreements
2009
Establishment of the fixed-income market
2010
Launch of the ETFs platform
2015
- Allowing qualified foreign investors (QFIs) to invest through QFI framework
- Launch of the Independent Custody Framework in alignment with the best international practices and listing requirements for international indices
- The Saudi Exchange deploys X-Stream trading platform in cooperation with Nasdaq
2016
- Formation of Securities Depository Center Company, Edaa
- Launch of the REITs platform
2017
- Establishment of the Nomu-Parallel Market for the SME sector
- Agreement with Nasdaq to revamp the Exchange’s post-trade infrastructure
- Launch of securities borrowing and lending and short selling frameworks
- Registration of all Government bonds and Sukuk in Edaa
2018
- Formation of Securities Clearing Center Company, Muqassa
- MSCI, S&P, and FTSE announce intention to include the Exchange in their emerging markets indices
- Listing of Government Sukuk and bonds on the debt instruments market
2019
- The Exchange became one of the world’s 10 largest exchanges in terms of total market capitalization
- Complete inclusion in MSCI and S&P Emerging Markets indices and partial inclusion in the FTSE Russell Emerging Index
- Allowing foreign listed companies to list (on a dual listing basis) on its Main Market
2020
- Muqassa licensed by CMA as a qualified central counterparty (QCCP)
- Activated clearing derivatives with the launch of the derivatives market
- Funds allowed to be listed on the Exchange’s Parallel Market “Nomu”
- Completed inclusion in the FTSE Emerging Index
- Edaa launches REPO collateral transfer services
- Listing for the first time Sukuk and commodities ETFs
- Incorporation of Tadawul Advanced Solutions Company WAMID, a Subsidiary focused on technology innovation
2021
- The Saudi Stock Exchange is reorganized, whereby the Company is converted into a holding company and changes its name to “Saudi Tadawul Group” and a new company is established under the name “Saudi Exchange” and assumes all listing and trading services from the Company
- Launch of the Tadawul Advanced Solutions Company (WAMID), a newly created subsidiary focused on solutions and pioneering technologies
- Launch of the Close Ended Funds platform
- Linking Clearstream with Edaa as the first International Central Securities Depository (ICSD), which allows foreign investors to invest in local listed bonds and Sukuk
2022
- The Saudi capital market ranked as the ninth largest global exchange in terms of market capitalization, which reached SAR 9.9 Tn at the end of 2022.
- Completion of the First dual listing on the Saudi Exchange and Abu Dhabi Securities Exchange.
- Saudi Tadawul Group in participation with the Public Investment Fund (PIF) established the Regional Voluntary Carbon Market Company to offer guidance and resourcing to support businesses and industries in the region as they play their part in the global transition to net zero, ensuring that carbon credit purchases go above and beyond meaningful emission reductions in value chains.
- The completion of the enhancements to develop post trade infrastructure, the largest bundle in the history of Saudi capital market.
1954
Commenced as an informal Financial market
1984
A ministerial committee was formed to regulate and develop the market
2003
Came under the supervision of the Capital Market Authority as the sole regulator
2007
- The Saudi Stock Exchange - Tadawul, was incorporated as the sole entity authorized as a securities exchange in the Kingdom
- Establishment of the “Main Market”
2008
Capital Market Authority approved the entry of foreign investment through swap agreements
2009
Establishment of the fixed-income market
2010
Launch of the ETFs platform
2015
- Allowing qualified foreign investors (QFIs) to invest through QFI framework
- Launch of the Independent Custody Framework in alignment with the best international practices and listing requirements for international indices
- The Saudi Exchange deploys X-Stream trading platform in cooperation with Nasdaq
2016
- Formation of Securities Depository Center Company, Edaa
- Launch of the REITs platform
2017
- Establishment of the Nomu-Parallel Market for the SME sector
- Agreement with Nasdaq to revamp the Exchange’s post-trade infrastructure
- Launch of securities borrowing and lending and short selling frameworks
- Registration of all Government bonds and Sukuk in Edaa
2018
- Formation of Securities Clearing Center Company, Muqassa
- MSCI, S&P, and FTSE announce intention to include the Exchange in their emerging markets indices
- Listing of Government Sukuk and bonds on the debt instruments market
2019
- The Exchange became one of the world’s 10 largest exchanges in terms of total market capitalization
- Complete inclusion in MSCI and S&P Emerging Markets indices and partial inclusion in the FTSE Russell Emerging Index
- Allowing foreign listed companies to list (on a dual listing basis) on its Main Market
2020
- Muqassa licensed by CMA as a qualified central counterparty (QCCP)
- Activated clearing derivatives with the launch of the derivatives market
- Funds allowed to be listed on the Exchange’s Parallel Market “Nomu”
- Completed inclusion in the FTSE Emerging Index
- Edaa launches REPO collateral transfer services
- Listing for the first time Sukuk and commodities ETFs
- Incorporation of Tadawul Advanced Solutions Company WAMID, a Subsidiary focused on technology innovation
2021
- The Saudi Stock Exchange is reorganized, whereby the Company is converted into a holding company and changes its name to “Saudi Tadawul Group” and a new company is established under the name “Saudi Exchange” and assumes all listing and trading services from the Company
- Launch of the Tadawul Advanced Solutions Company (WAMID), a newly created subsidiary focused on solutions and pioneering technologies
- Launch of the Close Ended Funds platform
- Linking Clearstream with Edaa as the first International Central Securities Depository (ICSD), which allows foreign investors to invest in local listed bonds and Sukuk
2022
- The Saudi capital market ranked as the ninth largest global exchange in terms of market capitalization, which reached SAR 9.9 Tn at the end of 2022.
- Completion of the First dual listing on the Saudi Exchange and Abu Dhabi Securities Exchange.
- Saudi Tadawul Group in participation with the Public Investment Fund (PIF) established the Regional Voluntary Carbon Market Company to offer guidance and resourcing to support businesses and industries in the region as they play their part in the global transition to net zero, ensuring that carbon credit purchases go above and beyond meaningful emission reductions in value chains.
- The completion of the enhancements to develop post trade infrastructure, the largest bundle in the history of Saudi capital market.