Activity Code

6619023

Activity Description Arabic

خدمات المقاصة المركزية للأوراق المالية

Activity Description English

Securities Central Clearing Services

Activity Group

Activity Sub-Category

Activity Type

Description

Includes firms licensed by the Securities & Commodities Authority for the representation of the counterparty for all trades (Novation) in the market in consideration for a specific commission while ensuring the execution all trades concluded in the market, and determining the net rights and liabilities of the central clearing members for such trades, and determining their legal statuses arising from the trading operations.

Freezone

Master Activity

Package Type

Non Package