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Saudi Arabia
2016 (10 Years)
Last online: No recent activity
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Warning
This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Edaa
Company Information
Get to know Edaa
Established in 2016, the Securities Depository Center Company (Edaa) is a wholly-owned subsidiary of the Saudi Tadawul Group. Edaa's core mission is to enhance the efficiency and security of the post-trade ecosystem in Saudi Arabia. It is responsible for the deposit, registration, transfer, clearing, and settlement of securities traded on the Saudi Exchange, as well as providing registry services for unlisted securities. The company plays a critical role in aligning the Saudi capital market's infrastructure with international standards and supporting the objectives of Saudi Arabia's Vision 2030.
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