Saudi Tadawul CEO on Earnings, Futures Trading Launch

The transcript discusses the positive performance of the Saudi market, highlighting the strong IPO pipeline and market liquidity. It addresses the potential impact of global events, such as the Russia-Ukraine conflict, on planned IPOs. The discussion includes plans for launching futures and market reforms, with a focus on Sharia compliance. The exchange's relationships and exposure to Russian institutions are also covered.

What has been the trend in the Saudi market's performance over the last 12 months?

• Stable performance with no significant changes

• Volatile performance with fluctuating liquidity

• Positive performance with increased liquidity

• Negative performance with declining liquidity

How many companies are currently listed on the Saudi market platforms?

• Around 220 to 240 companies

• Around 150 companies

• Around 100 companies

• More than 300 companies

How has the Russia-Ukraine conflict affected the Saudi IPO pipeline?

• It has led to a significant increase in IPO applications

• It has caused a slight delay but the pipeline remains strong

• It has had no impact on the IPO pipeline

• It has completely halted all IPO activities

What is the Saudi market's approach to launching new financial products like futures?

• Launching all products simultaneously

• Delaying launches until global markets stabilize

• A phased approach starting with select corporates

• Focusing only on international markets

What is the significance of the first clearing house in the region?

• It will replace existing financial products

• It will only serve local investors

• It will delay the launch of futures and options

• It will facilitate the launch of single futures and options

What role does the Sharia-compliant index play in the Saudi market?

• It is a mandatory requirement for all listed companies

• It helps identify Sharia-compliant corporates for investment

• It is only relevant for international investors

• It is used to exclude non-compliant companies from the market

What is the Saudi exchange's relationship with Russian institutions?

• It has direct relationships with Russian banks

• It holds collateral for Russian institutions

• It is heavily dependent on Russian investments

• It has no direct relationships with Russian institutions