To provide Saudi exposure to international clients, JPMSA provides synthetic exposure via ELN | On 11th November 2012, JPMSA was awarded a CMA license to amend its activities to include dealing as principle, dealing as agent in the local market and underwriting and commenced its business on 6th October 2015 |
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The Company is a direct and wholly owned subsidiary of J | Dealing as Agent and Principal: JPMSA provides brokerage services on Tadawul for local, GCC and QFI clients |
JPMSA went live with ICM agency business and Algorithmic Trading in 2018.
The Company continues to invest in people and expanding its platform capability to enable seamless local and international client execution | This group supports Saudi and GCC clients including government entities, investment firms, and banks |
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This product will enable JPMSA to provide services to internal and 3rd party clients | In 2017, the company converted from a Limited Liability Company to a Single Shareholder Closed Joint Stock Company as directed by the CMA |
12164-37 dated Dhul-Hijaa 26, 1433H corresponding to November 11, 2012.
27Underwriting: The Company is licensed to underwrite public transactions in Saudi Arabia | JPMSAC does not have any subsidiaries and does not own or control any other company |
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Morgan entities in marketing securities and other financial instruments including OTC derivatives transactions, foreign currency, rates and credit trading | Arranging: The Investment Banking team at JPMSA participates in arranging transactions on equity, debt or hybrid offerings |
JPMSA is located on the 8th floor of the Al Faisaliah Tower in Riyadh.
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