Trading Rules in the Saudi Stock Market
Saudi Stock Market Trading Sessions
The Saudi stock market (Tadawul) operates from Sunday to Thursday, between 10:00 AM and 3:00 PM Saudi Arabian Standard Time (03:00 GMT). Trading remains open throughout the day with no lunch break, providing a continuous 5-hour trading window.
Pre-Open Session
In the first of the four trading sessions:- You can place, modify, or cancel buy and sell orders.
- No matching of buy and sell orders occurs; orders are only recorded in the order book.
- Opening and closing prices are determined using an auction mechanism.
Open Trading Session
During this session, in addition to the actions allowed in the pre-open session, you can:- Establish opening prices and match orders, with continuous trading starting.
- Place, modify, or cancel orders.
- Keep orders in the system for up to 30 days.
Pre-Close Session
During the pre-close session:- Closing prices are determined using the auction mechanism.
- You can cancel orders and modify their validity period.
- You cannot change order prices, but you can reduce the quantity without increasing it.
- No new orders are accepted.
Market Close Session
During the market close session:- The market is officially closed.
- No actions can be taken on market symbols or orders.