ADX launches new market infrastructure 25 February 2025Abu Dhabi Reporter: Clelia Frondaroli
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The Abu Dhabi Securities Exchange (ADX) has launched the new ADX Group market infrastructure, as well as two new subsidiaries Abu Dhabi Clear (AD Clear) and Abu Dhabi Central Securities Depository (AD CSD).
The launch is said to mark a milestone within Abu Dhabi's long-term economic vision, where the region intends to deepen its capital market through modern trading infrastructure and better liquidity.
ADX also hopes that the new market infrastructure will attract more investments into the UAE along with increased trading activities. The exchange has also partened with Nasdaq to deliver a core platform upgrade in order to increase ADX's operational readiness.
H.E Ghannam Al Mazrouei, chairman of the ADX Group, comments: "With the launch of ADX Group, we are not just building a financial marketplace; we are shaping the future of investment in Abu Dhabi and contributing to long-term economic development of the UAE and in the region."
Magnus Haglind, senior vice president and head of marketplace technology at Nasdaq, adds: “We are excited about the opportunity to partner with ADX and help deliver this vision for its marketplace. Capital markets are already an integral part of the global economy, but by modernising the infrastructure that powers it, we can remove barriers to wider participation."
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Image: Sergey Kelin/stock.adobe.com 