With reference to the Saudi Stock Exchange announcement dated 1437/05/01H corresponding to 10/02/2016G, in relation to changing its equities and ETF markets trading hours, the Saudi Stock Exchange (Tadawul) announces the commencement of the new trading hours of its equities and ETF markets as of next Sunday 25/06/1437H corresponding to 03/04/2016G as follows:
1. The Pre-trading session to start at 9:30 AM until 10:00 AM
a. The pre-trading session is where buy and sell orders are either entered, modified (quantity or price) or cancelled. However, during this session, orders are neither matched nor executed but it will remain held in the order book.
2. The trading session to start at 10:00 AM until 3:00 PM
a. The trading session is where all functions in the preceding state are allowed in addition to matching and executing orders.
3. The Post-trading session to start at 3:00 PM until 4:00 PM
a. The post-trading session is where orders entered during the trading session can either be canceled or expiry date be changed. Other changes to price or quantities are not allowed. In addition, no new orders are allowed during this session.