Edaa to launch OTC settlement of listed debt instruments on May 1 

30/04/2025 Argaam

Edaa to launch OTC debt settlement tomorrow

Logo of Securities Depository Center (Edaa)

Saudi Arabia’s Securities Depository Center (Edaa) will launch its off-platform (OTC) settlement service for listed debt instruments on May 1, 2025.

 

In a statement on Tadawul, Edaa said the service allows investors, through its members, to settle listed debt instruments using a delivery-versus-payment (DvP) mechanism via direct agreements outside the trading platform.

 

Edaa called the launch a key step toward enhancing the market’s investment appeal and improving settlement procedures, reaffirming its commitment to developing the Kingdom’s debt capital market.

 

The launch aligns with Edaa’s recent approval of amendments to its Rules and Procedures, which set the regulatory framework for OTC settlements using DvP for listed debt instruments.

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