Edaa provides advanced post-trade services, building bridges between issuers and investors, and ensuring the safe, speedy and efficient operations of the Saudi capital market. Edaa members are licensed by the Capital Markets Authority of Saudi Arabia to carry out services for securities traded on the Saudi Stock Exchange, and benefit from state-of-the-art technology and innovative services.

Membership Overview

Under Saudi Arabia’s CMA-approved Independent Custody Model (ICM), exchange and custody membership of the Saudi Exchange are separated, creating two membership categories: settlement members and custody members (also known as “independent custodians”). This improves the efficiency of settlement procedures and reduces risk for investors.

Membership Prerequisites

Applicants must follow five steps:

  1. Licensing  

  1. Preparation 

  1. Development and testing 

  1. Final preparation 

  1. Soft launch and go-live

Become a Member

Find out more about becoming a custody or settlement member.

Member Directory

Explore our current members.

Member Fees

Find out more about Edaa’s membership fees.

Member Forms

View and download application forms.


A QFI can open a Depository Center account via a custody member after providing the following documents: 

  • QFI details form. 

  • A copy of the certificate of incorporation or commercial register or an equivalent document. 

  • Disclosure of the QFI’s investments in listed companies. 

The identification of QFI and non-resident foreigners shall be through custody members.

Foreign ownership information is available on the Saudi Exchange website and is updated on a daily basis after market close.

To transfer holdings under a swap account to a QFI, the following requirements should be met: 

  • CMA’s approval. 

  • Filling out the Securities Depository Center transfer form. 

  • A certified copy of the certificate of incorporation, and the commercial register or an equivalent document.

Contact Us

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