Centroid Solutions Enhances Middle East Presence with SNB Capital Integration

Centroid Solutions has expanded its reach in the Middle East through an integration with SNB Capital, enabling brokers using Centroid's platform to execute trades on the Saudi Exchange (Tadawul) via SNB Capital’s infrastructure.

This partnership grants international brokers access to Saudi Arabia’s largest stock market, aligning with the country's recent economic reforms and market liberalization efforts, which are drawing growing global investment interest.

With $69.3 billion in assets under management, SNB Capital is a leading force in Saudi Arabia’s asset management sector. This collaboration with Centroid follows other recent integrations, such as with global market data provider Iress, as Centroid builds out its trading infrastructure and connectivity services. Earlier this year, Centroid introduced a proprietary liquidity aggregator, further broadening its capabilities.

The SNB Capital integration is powered by Centroid Bridge, the company’s connectivity engine that supports liquidity management and order execution. This system now facilitates direct access to Saudi equities while ensuring compliance with local regulatory requirements.

SNB Capital, known for its institutional strength across securities trading, asset management, and investment banking, brings robust capabilities to the partnership. This development comes alongside recent news that Interactive Brokers has also partnered with SNB Capital, offering clients direct access to Saudi stocks.