Jadwa Tadawul is an electronic trading service offered by Jadwa Investment over the Internet to our valued customers in order to enable them to execute local shares trading transactions, monitor their investment portfolios and view market news and developments.
You need to fill out the Service Application Form and submit it to your nearest Jadwa Investment branch. We will communicate necessary details to you through your email address.
How secure is Jadwa Tadawul site for trading purposes?
The site is equipped with state of the art encryption technologies to prevent third party access to your account details through the Internet. When you logon to the Service, the password will be automatically encrypted and nobody will be able to read it. This is in addition to Service specific protection software and constant monitoring by our qualified staff. To further reassure our customers, we enforce a number of hidden verification tools to abort fraud and penetration attempts.
Trading Session : 11:00 AM - 3:30 PM (Saudi Time) Trading Days : Saturday through Wednesday except official days. Official Days :
Official Days in the Kingdom Of Saudi Arabia are
National Day of Saudi Arabia (23 September).
Eid Al-Fitr and Eid Al-Adha.
Market will be closed during these holidays and annouced on Tadawul
website(www.tadawul.com.sa).
When the market is open, which orders are executed first?
Once Tadawul computes the quantity to be traded, this is allocated to orders based on their priority:
Market orders will have first priority of full execution.
Orders priced on better terms than the market opening price (in-the-market) follow in full execution priority once all Market Orders have been executed.
The remaining quantity is allocated to other orders priced (actual order price) at market opening price following a quantitative allocation method.
Yes, you can fix the quantity to be executed using a special execution order. The Service supports fixation of special execution in the following manner:
Full execution: the order quantity must be fully executed without splitting.
1st time minimum execution amount: this order enables the user to fix the order minimum quantity to be executed in the first deal. For the remaining quantity, the order becomes a just another normal order.
Minimum execution amount: the order is executed in equal deals until the entire order quantity is executed.
What happens to the order if my available balance does not cover the bid quantity price?
Prior to acceptance of an entered order, the System will match the order price to the designated investment account balance. This measure aims to ensure that the order is fully executable without overdrawing the account. If the balance is insufficient, the System will return a message indicating that the available balance is inadequate to execute the order.
Are there any restrictions in case of order characteristics alteration?
You cannot amend the company symbol, market or order type (bid/offer). For these cases, you need to cancel the order, enter details again and send it to the market.
Market order on arrival: the order is executed on the market offer price. In this case, the customer's account balance must be sufficient to cover the maximum share price appreciation rate i.e. A %. This is applicable to a bid only.
Full execution: the order quantity must be executed in full.
Minimum execution amount: the minimum quantity of an order must be executed.
Minimum execution amount per deal: the minimum deal amount of an entered order quantity must be executed.
