Established in 2018, the Securities Clearing Center Company (Muqassa) is a key financial market infrastructure in Saudi Arabia, fully owned by the Saudi Tadawul Group. Its primary mission is to enhance the stability and efficiency of the Saudi capital market by acting as a central counterparty (CCP). Muqassa clears a range of exchange-traded products, including equities, derivatives, and sukuk & bonds, reducing post-trade risks, improving settlement finality, and aligning the market with international best practices as part of the Kingdom's Vision 2030 Financial Sector Development Program.

Founded in

Saudi Arabia