Muqassa
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A consequence of Muqassa intervention, it becomes responsible for guaranteeing the settlement of the transaction.
Securities Clearing Center Company “Muqassa” was established in 2018 as a closed joint stock company fully owned by the Saudi Tadawul Group, establishment and operation is one of the key initiatives in the Financial Sector Development Program 2020. Securities Clearing Center Company “Muqassa” is an entity that acts as an intermediary between two parties to a securities trade, by becoming the buyer to each seller and the seller to each buyer. This is key for the trading parties who now no longer have to worry about the counterparty risk.
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Address
6897 King Fahd Road/Al Ulaya
Riyadh
12211
Opening Hours
| Monday | 8am - 4pm |
| Tuesday | 8am - 4pm |
| Wednesday | 8am - 4pm |
| Thursday | 8am - 4pm |
| Sunday | 8am - 4pm |
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