Latest news with #ADXGroup
Gulf Today
25-02-2025
- Business
- Gulf Today
‘The New ADX Group' to enhance Abu Dhabi's investment landscape
The Abu Dhabi Securities Exchange (ADX) launched 'the New ADX Group' market infrastructure and two new subsidiaries, Abu Dhabi Clear (AD Clear) and Abu Dhabi Central Securities Depository (AD CSD). This milestone aligns with Abu Dhabi's long-term economic vision and augments ADX's efforts towards being a developed market. ADX announced its new market infrastructure at a celebrative event with more than 500 regional and global industry participants in Abu Dhabi on Monday. The ADX Group's (The Group) achievement is a testament of its commitment towards deepening its capital market, attracting more investments into the UAE, and strengthening Abu Dhabi's position as an international financial centre and premier investment hub. Ghannam Al Mazrouei, Chairman of the ADX Group, said, '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. More regional and global investors will benefit from seamless access to the ADX platform to unlock opportunities for expansion in the emirate's thriving sectors and industries. The ADX Group will continue to innovate to ensure a robust and reliable international marketplace to raise capital, facilitate greater investment flow, and uphold financial resilience and stability.' Abdulla Salem Al Nuaimi, Group Chief Executive Officer of ADX, added, 'The ADX Group is leading the way in using new technology to expand and strengthen Abu Dhabi's investment landscape. Our enhanced trading system aims to increase resilience and performance by 400 per cent, reinforcing the emirate's position as a global financial hub. We express our sincere appreciation to our trading and clearing members, custodians, banks, and industry partners for their invaluable support and collaboration in achieving the transformation and success.' Meanwhile the Abu Dhabi Securities Exchange (ADX) has reported a strong start to 2025, with daily trading volumes rising by over 27.5 per cent compared to the same period last year, according to Abdulla Salem Al Nuaimi, CEO of ADX. Al Nuaimi also highlighted a more than 30 per cent increase in the number of investors since the beginning of the year, indicating growing confidence and interest in the market. In statements to the Emirates News Agency (WAM), Al Nuaimi said, 'We have the most active ETF market in the region and the most active derivatives market in the region, which saw a significant 150 per cent increase last year.' The CEO added that two listings have taken place this year, including the Chimera iBoxx US Treasury Bill ETF, which was listed on 20th February, and a public joint-stock company expected to list next month. He anticipates further listings in the first half of 2025. As part of efforts to strengthen market infrastructure and enhance trading efficiency, ADX unveiled the 'New ADX Group' on Monday, which includes two new companies: Abu Dhabi Clear (AD Clear) and Abu Dhabi Depository (AD CSD). The ADX Group's new business model aims to transform and future-proof its thriving capital market. The Group, empowered by new post-trade capabilities and services, a state-of-the-art trading system, and new clearing and settlement platforms aims to unlock more investment opportunities and deepen market liquidity by providing investors and industry participants with greater and faster access to market activities and growth sectors in Abu Dhabi. These advancements will enable the ADX Group to introduce more diverse product offerings and services to address the evolving needs of institutional and retail investors, issuers and businesses in the UAE and wider Middle East region. At the heart of this transformation is a strategic technology partnership with Nasdaq to deliver a Core Platform Upgrade (CPU), which introduces advanced capabilities across trading, clearing, and post-trade services. All enhancements further boost ADX's operational readiness, attract new types of new market participants, and increase trading activities. Key features include:• A key element of the CPU modernises the trading infrastructure and integrates multiple asset classes (equities, ETFs, debt instruments, and derivatives) into a single, high-performance platform. Optimisation for high-frequency trading and algorithmic strategies, offering faster execution of trades and deeper market liquidity. New order types and negotiated deal features for greater trading flexibility and efficiency, enabling more sophisticated trading strategies. Magnus Haglind, SVP and Head of Marketplace Technology at Nasdaq, added: 'We are excited about the opportunity to partner with ADX and help deliver this forward-thinking 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 and help local and national economies thrive.
Trade Arabia
25-02-2025
- Business
- Trade Arabia
‘ADX Group' unveiled to advance Abu Dhabi's investment landscape
The Abu Dhabi Securities Exchange (ADX), the second largest exchange in the Middle East, has launched the new 'ADX Group' market infrastructure and two new subsidiaries, Abu Dhabi Clear (AD Clear) and Abu Dhabi Central Securities Depository (AD CSD). This development aligns with Abu Dhabi's long-term economic vision and augments ADX's efforts towards being a developed market, a statement said. ADX announced its new market infrastructure at a celebrative event with more than 500 regional and global industry participants in Abu Dhabi on Monday. Ghannam Al Mazrouei, Chairman of the ADX Group, said: "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. 'More regional and global investors will benefit from seamless access to the ADX platform to unlock opportunities for expansion in the emirate's thriving sectors and industries. The ADX Group will continue to innovate to ensure a robust and reliable international marketplace to raise capital, facilitate greater investment flow, and uphold financial resilience and stability.' Abdulla Salem Alnuaimi, Group Chief Executive Officer of ADX, added: 'The ADX Group is leading the way in using new technology to expand and strengthen Abu Dhabi's investment landscape. Our enhanced trading system aims to increase resilience and performance by 400%, reinforcing the emirate's position as a global financial hub. We express our sincere appreciation to our trading and clearing members, custodians, banks, and industry partners for their invaluable support and collaboration in achieving the transformation and success.' Gateway to opportunities The ADX Group's new business model aims to transform and future-proof its thriving capital market, it said. The group, empowered by new post-trade capabilities and services, a state-of-the-art trading system, and new clearing and settlement platforms aims to unlock more investment opportunities and deepen market liquidity by providing investors and industry participants with greater and faster access to market activities and growth sectors in Abu Dhabi. These advancements will enable the ADX Group to introduce more diverse product offerings and services to address the evolving needs of institutional and retail investors, issuers and businesses in the UAE and wider Middle East region. Cutting-edge technology At the heart of this transformation is a strategic technology partnership with Nasdaq to deliver a Core Platform Upgrade (CPU), which introduces advanced capabilities across trading, clearing, and post-trade services. All enhancements further boost ADX's operational readiness, attract new types of new market participants, and increase trading activities. Key features include: • A key element of the CPU modernizes the trading infrastructure and integrates multiple asset classes (equities, ETFs, debt instruments, and derivatives) into a single, high-performance platform. • Optimization for high-frequency trading and algorithmic strategies, offering faster execution of trades and deeper market liquidity. • New order types and negotiated deal features for greater trading flexibility and efficiency, enabling more sophisticated trading strategies. Magnus Haglind, SVP and Head of Marketplace Technology at Nasdaq, added: 'We are excited about the opportunity to partner with ADX and help deliver this forward-thinking vision for its marketplace. Capital markets are already an integral part of the global economy, but by modernizing the infrastructure that powers it we can remove barriers to wider participation and help local and national economies thrive. By leveraging Nasdaq's integrated trading, clearing and settlement platform, ADX will be underpinned by world-leading technology, capable of attracting global sources of liquidity and accelerating the region's exciting growth story.' As part of the group's digital and technology enhancements, ISO 20022 messaging protocols were introduced to improve transaction processing, enhance data transparency, and support seamless integration with international financial institutions. To improve user experience, the ADX Group launched a robust customer-management system, a new corporate website, and mobile app to empower investors with direct access to real-time market data, advanced analytics, and more services for portfolio management. New divisions The ADX Group's new Post Trade Division, comprising AD Clear and AD CSD, supports the smooth function of the securities market by providing essential clearing, settlement, depository, and risk management services for both local and international investors. These services will help boost market efficiency and facilitate the flow of capital to further economic growth. • AD Clear is the new Central Counterparty Clearinghouse, created to improve clearing and settlement efficiency, reduce counterparty risk, and ensure compliance with global standards. It is a wholly owned independent subsidiary of the ADX Group. • AD CSD, another wholly owned independent subsidiary of the ADX Group, serves as a leading regional central securities depository. It plays a key role in maintaining the resilience, efficiency, and stability of the capital market by safekeeping securities, clearing and settling trades, transferring shares, and managing corporate actions. – TradeArabia News Service
Zawya
25-02-2025
- Business
- Zawya
ADX unveils 'ADX Group' to further advance Abu Dhabi's investment landscape
ABU DHABI: The Abu Dhabi Securities Exchange (ADX) launched 'the New ADX Group' market infrastructure and two new subsidiaries, Abu Dhabi Clear (AD Clear) LLC and Abu Dhabi Central Securities Depository (AD CSD) LLC. This milestone aligns with Abu Dhabi's long-term economic vision and augments ADX's efforts towards being a developed market. ADX announced its new market infrastructure at a celebrative event with more than 500 regional and global industry participants in Abu Dhabi on Monday, 24th February. The ADX Group's (The Group) achievement is a testament of its commitment towards deepening its capital market, attracting more investments into the UAE, and strengthening Abu Dhabi's position as an international financial centre and premier investment hub. Ghannam Al Mazrouei, Chairman of the ADX Group, said, "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. More regional and global investors will benefit from seamless access to the ADX platform to unlock opportunities for expansion in the emirate's thriving sectors and industries. The ADX Group will continue to innovate to ensure a robust and reliable international marketplace to raise capital, facilitate greater investment flow, and uphold financial resilience and stability.' Abdulla Salem Alnuaimi, Group Chief Executive Officer of ADX, added, 'The ADX Group is leading the way in using new technology to expand and strengthen Abu Dhabi's investment landscape. Our enhanced trading system aims to increase resilience and performance by 400%, reinforcing the emirate's position as a global financial hub. We express our sincere appreciation to our trading and clearing members, custodians, banks, and industry partners for their invaluable support and collaboration in achieving the transformation and success.' The ADX Group's new business model aims to transform and future-proof its thriving capital market. The Group, empowered by new post-trade capabilities and services, a state-of-the-art trading system, and new clearing and settlement platforms aims to unlock more investment opportunities and deepen market liquidity by providing investors and industry participants with greater and faster access to market activities and growth sectors in Abu Dhabi. These advancements will enable the ADX Group to introduce more diverse product offerings and services to address the evolving needs of institutional and retail investors, issuers and businesses in the UAE and wider Middle East region. At the heart of this transformation is a strategic technology partnership with Nasdaq to deliver a Core Platform Upgrade (CPU), which introduces advanced capabilities across trading, clearing, and post-trade services. All enhancements further boost ADX's operational readiness, attract new types of new market participants, and increase trading activities. Key features include: • A key element of the CPU modernises the trading infrastructure and integrates multiple asset classes (equities, ETFs, debt instruments, and derivatives) into a single, high-performance platform. • Optimisation for high-frequency trading and algorithmic strategies, offering faster execution of trades and deeper market liquidity. • New order types and negotiated deal features for greater trading flexibility and efficiency, enabling more sophisticated trading strategies. Magnus Haglind, SVP and Head of Marketplace Technology at Nasdaq, added: 'We are excited about the opportunity to partner with ADX and help deliver this forward-thinking 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 and help local and national economies thrive. By leveraging Nasdaq's integrated trading, clearing and settlement platform, ADX will be underpinned by world-leading technology, capable of attracting global sources of liquidity and accelerating the region's exciting growth story.' As part of the Group's digital and technology enhancements, ISO 20022 messaging protocols were introduced to improve transaction processing, enhance data transparency, and support seamless integration with international financial institutions. To improve user experience, the ADX Group launched a robust customer-management system, a new corporate website, and mobile app to empower investors with direct access to real-time market data, advanced analytics, and more services for portfolio management. The ADX Group's new Post Trade Division, comprising AD Clear and AD CSD, supports the smooth function of the securities market by providing essential clearing, settlement, depository, and risk management services for both local and international investors. These services will help boost market efficiency and facilitate the flow of capital to further economic growth. • AD Clear is the new Central Counterparty Clearinghouse, created to improve clearing and settlement efficiency, reduce counterparty risk, and ensure compliance with global standards. It is a wholly owned independent subsidiary of the ADX Group. • AD CSD, another wholly owned independent subsidiary of the ADX Group, serves as a leading regional central securities depository. It plays a key role in maintaining the resilience, efficiency, and stability of the capital market by safekeeping securities, clearing and settling trades, transferring shares, and managing corporate actions.
Gulf Business
25-02-2025
- Business
- Gulf Business
ADX Group launches to boost Abu Dhabi's investment ecosystem
Image: WAM Abu Dhabi Securities Exchange ( As part of the expansion, two independent subsidiaries have been launched: Abu Dhabi Clear (AD Clear) and Abu Dhabi Central Securities Depository (AD CSD). This new initiative aligns with Abu Dhabi's long-term economic vision and underscores ADX's commitment to becoming a developed market. The launch of the ADX Group was celebrated in a high-profile event in Abu Dhabi, attended by over 500 industry participants from across the globe. Strengthening Abu Dhabi's role as an international financial hub Ghannam Al Mazrouei, chairman of the ADX Group, stated: '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 the long-term economic development of the UAE and the region. 'More regional and global investors will benefit from seamless access to the ADX platform to unlock opportunities for expansion in the emirate's thriving sectors and industries.' Al Mazrouei added that ADX Group will continue to innovate, ensuring a robust and reliable marketplace to raise capital, facilitate greater investment flows, and uphold financial resilience and stability. Revolutionising trading and investment solutions The new infrastructure will feature enhanced market access, cutting-edge trading technology, and a broadened range of post-trade services to provide faster, more efficient trade clearing and settlement solutions. The ADX Group aims to unlock greater investment opportunities, deepen market liquidity, and provide quicker access to Abu Dhabi's dynamic industries. Abdulla Salem Alnuaimi, group CEO of ADX, highlighted the significance of this transformation, saying: 'The ADX Group is leading the way in using new technology to expand and strengthen Abu Dhabi's investment landscape. 'Our enhanced trading system aims to increase resilience and performance by 400 per cent, reinforcing the emirate's position as a global financial hub.' ADX Group marks a new chapter in capital markets infrastructure A key feature of the ADX Group's new strategy is its strategic partnership with Nasdaq, which supports the modernisation of the trading infrastructure through a core platform upgrade (CPU). The CPU integrates multiple asset classes: equities, ETFs, debt instruments, and derivatives – into a single, high-performance platform, optimised for high-frequency trading and algorithmic strategies. Magnus Haglind, SVP and head of Marketplace Technology at Nasdaq, commented: 'We are excited about the opportunity to partner with ADX and help deliver this forward-thinking vision for its marketplace. By modernising the infrastructure, we can remove barriers to wider participation and help economies thrive.' The platform improvements also include new order types, negotiated deal features, and integration with international financial institutions using the ISO 20022 messaging protocol. Post-trade services: AD Clear and AD CSD In addition to the new trading capabilities, the ADX Group has launched two subsidiaries focused on post-trade services: Abu Dhabi Clear (AD Clear) and Abu Dhabi Central Securities Depository (AD CSD). These entities will enhance the market's efficiency by providing clearing, settlement, depository, and risk management services for both local and international investors. AD Clear is a Central Counterparty Clearinghouse designed to improve clearing and settlement efficiency while reducing counterparty risk. AD CSD, the region's leading central securities depository, will ensure the resilience and stability of the capital market by safeguarding securities, managing corporate actions, and facilitating the seamless transfer of shares. ADX's global growth and investment appeal ADX has consistently outperformed the MSCI Emerging Markets Index since 2020, with its General Index growing by 86 per cent over the past five years. Ranked 7th globally by market capitalisation for emerging market exchanges, ADX is a major player in global capital markets. As the largest capital market in the UAE, ADX offers investors access to some of the country's most valuable companies. In 2024, ADX accounted for 27 per cent of With a vibrant investor base of over 200 nationalities, ADX serves a diverse community of investors trading in 188 listed securities. The ADX Group's enhancements are designed with the future in mind, catering to the evolving needs of institutional investors, brokers, issuers, and businesses.
