Who We Are

Muqassa is the clearing house of the Saudi Tadawul Group. We reduce post-trade risk, provide a centralized counterparty risk management service and develop clearing services in accordance with international best practices.

Our history

Securities Clearing Center Company “Muqassa” was established in 2018 as a closed joint stock company fully owned by the Saudi Tadawul Group, in accordance with the Saudi Companies Law issued by Royal Decree No. M/3 dated 28/01/1437 – 11/11/2015.

Supporting Vision 2030

Muqassa is a key pillar of Saudi Arabia’s Financial Sector Development Program 2020 (FSDP). Muqassa plays a significant role in developing market infrastructure to enhance market efficiency and is essential for the development of new products and services in the Saudi capital markets.

Aligned with international best practice
Muqassa reduces post-trade risks by providing a centralized counterparty and clearing services in accordance with international risk management best practices that align with global capital markets.