Prime Highlights:
- CMA updates eligibility rules, allowing bachelor’s degree holders in finance, investment, and accounting to trade on Nomu.
- Minimum trading requirements for individual investors reduced from SR40 million over 10 quarterly trades to SR20 million over 12 months.
Key Facts:
- Master’s degree holders and professionals with certifications such as the SOCPA fellowship remain eligible under existing categories.
- Individuals who currently serve or have served as board or committee members of Nomu-listed companies can now invest in the Parallel Market.
Background
The Capital Market Authority (CMA) has approved a major update to the eligibility rules for investors in Saudi Arabia’s Parallel Market “Nomu,” opening the door for more individuals to participate. The new decision allows holders of a bachelor’s degree in finance, investment, and accounting to qualify as eligible investors for trading in the market. The changes took effect immediately.
The move is part of a broader set of amendments aimed at easing requirements and expanding access to Nomu. The CMA said the updated framework is designed to increase the number of investors, improve trading activity, and support market growth. Officials expect the expanded investor base to boost liquidity and strengthen overall market performance.
Under the new rules, individual investors now need to complete trades worth at least SR20 million in the capital market during the past 12 months. Earlier, investors had to execute 10 quarterly trades valued at SR40 million within the same period. By removing the quarterly condition and cutting the minimum threshold in half, the CMA aims to simplify the process and make entry more accessible.
The authority also confirmed that master’s degree holders in finance, accounting, or other securities-related fields, along with those holding professional certifications such as the SOCPA fellowship, will continue to qualify under their existing category. In addition, anyone who currently serves, or has previously served, as a board member or committee member of a company listed on Nomu can now invest in the Parallel Market.
The CMA noted that these updates follow public consultation on the draft “Development of Investor Categories in the Parallel Market,” released earlier this year through the Unified Electronic Platform for Consulting the Public and Government Entities.
The revised rules take an important step in opening Nomu to more investors and helping the market grow over the long term.
