Arabian Post Staff -Dubai
The Abu Dhabi Securities Exchange has announced the formation of the ADX Group, a strategic initiative aimed at enhancing the emirate’s investment environment through innovation and increased global connectivity. This move is designed to establish a future-ready capital market by upgrading market infrastructure, introducing new post-trade services, and expanding market access.
The ADX Group’s primary objective is to create a robust and reliable international marketplace that facilitates capital raising and investment flows, thereby bolstering financial resilience and stability. By integrating advanced technologies and services, the group aims to attract a broader spectrum of regional and global investors, offering them seamless access to Abu Dhabi’s diverse and dynamic economic sectors.
In alignment with its commitment to innovation, the ADX Group plans to implement a state-of-the-art trading platform. This platform is expected to enhance trading efficiency, provide real-time market data, and support a wide range of financial instruments, including equities, debt securities, exchange-traded funds, and derivatives. The introduction of new post-trade businesses will further streamline settlement processes, reduce operational risks, and improve overall market liquidity.
The establishment of the ADX Group is a significant milestone in Abu Dhabi’s ongoing efforts to position itself as a leading global financial hub. By fostering an environment conducive to investment and innovation, the group aims to drive economic growth and diversification, aligning with the broader strategic vision of the United Arab Emirates.
This development comes on the heels of several strategic initiatives undertaken by ADX to enhance its market infrastructure and global reach. Notably, ADX has partnered with international entities to expand its services and attract foreign investments. For instance, the collaboration with FTSE Russell led to the launch of the FTSE ADX 15 Islamic Index, catering to the growing demand for Shariah-compliant investment options. This index provides a comprehensive benchmark for Islamic investors, reflecting ADX’s commitment to inclusivity and market diversification.
In addition, ADX has leveraged the ICE Global Network to offer direct market access to global investors. This partnership facilitates real-time access to market data and order entry, thereby broadening the exchange’s international investor base and enhancing its global connectivity. Such initiatives underscore ADX’s strategic vision to integrate advanced technologies and foster collaborations that enhance its market infrastructure and accessibility.
The ADX Group’s formation is also expected to complement Abu Dhabi’s broader economic objectives, including the promotion of sustainable investments and the development of a knowledge-based economy. By providing a platform that supports innovative financial products and services, the group aims to attract a diverse range of investors and issuers, thereby contributing to the emirate’s economic resilience and long-term prosperity.
