The Saudi Arabia Capital Market is the largest in GCC. It constitutes 81.5% of the market capitalization and 87.9% of the region's traded value. The number of financial services firms in the KSA has increased since 2006 in the aftermath of the Tadawul stock market crash and institution of capital market reforms.KSA Capital markets are dominated by the larger players. In Asset management, the top 10 firms with the largest assets under management (AUM) had a total market share of over 80%. Investment Banking (IB) in KSA made big strides in 2019 with the top 10 firms reporting a total of SAR 643 million of revenues from IB, representing a 50.6% increase from 2018.