The Omnibus Account for Traded Securities is a pooled account that combines multiple investors into a single account managed an Asset Manager.

This account type is designed for custodians to provide a more efficient and flexible solution for the Asset Managers to manage the assets of multiple investors. The account enables Asset Managers to assist their clients in achieving specific investment objectives such as performance improvement.

Asset Managers can use the Omnibus account to invest in all traded securities.

An Omnibus account boosts efficiency by combining multiple clients' orders for the same security, this eliminates the need to create separate orders for each client.

Asset Managers can request to open an omnibus account by contacting a custodian, and the custodian shall follow these steps:

• Request a Special Investor ID: The custodian must complete the “Investor Configuration Form” and send it to ops.ms@edaa.com.sa. Once the request is processed, Edaa will issue the Special Investor ID.
• Naming Convention: The account name associated with the Special Investor ID must include the Asset Manager’s name and clearly state that the assets belong to their clients. Example: “Omnibus Account for the clients of Asset Manager ABC Capital.”
• Omnibus Account Creation: After the Special Investor ID is registered in the system, the custodian must complete the Omnibus Account Creation Form and submit it to Edaa.

• Simplified account management processes.
• Enhanced operational efficiency with reduced processing time.