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Interested in our post-trade services for foreign securities?
Contact UsForeign Securities
Edaa offers post-trade services for foreign securities listed on the Saudi Exchange. Edaa enables investors to transfer securities from Edaa to the foreign Central Securities Depository (CSD), by submitting a "Security Transfer Request Form."
Edaa will provide security proceeds of the corporate actions. The approach for cash compensation of security fractions will be aligned with the primary market practice of the foreign security.
The cash proceeds distribution for the corporate actions will be distributed directly by the appointed paying agent of the issuer.
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Frequently Asked Questions
Yes, the post-trade process for foreign securities listed on the Saudi Exchange is the same as for listed domestic securities.
Saudi Riyals (SAR).
Submit a request to the foreign depository per the requirements of that foreign depository. The foreign depository will validate the transaction and initiate the transfer to the investor’s Edaa custody account.
If the request for a transfer is submitted to Edaa at or before 11:00 AM (GMT+3), the transfer will be executed on the same day.
For transfer forms submitted after 11:00 am (GMT+3), the transfer will be executed on the next business day in accordance with the work days stipulated in the Saudi Labor Law.
Corporate actions for foreign securities will be timed in accordance with the market where they are primarily listed.
Interested in our post-trade services for foreign securities?
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