The Abu Dhabi Securities Market signed an agreement with the Amman Stock Exchange and the Jordanian Securities Depository Center to join the “exchange” platform. The signing ceremony was held in Abu Dhabi during the Middle East Society for Investor Relations Conference (Mira) 2024. According to the agreement, the Amman Stock Exchange becomes the eighth stock exchanges participating in the “exchange” platform, after the Armenia Stock Market recently joined it.
The joining of the Amman Stock Exchange and the Jordanian Securities Deposit Center contributes to the platform “exchange” in enhancing trading and investment opportunities across the border between the various countries of the region, simplifying trading operations, and encouraging communication between different parties. Investors in the two stock exchanges will benefit from access to a broader set of securities, and to participate in the first public subscription offers, and therefore, the exchange exchange platform and enhancing the activity between them continues, and plays its role as a pivotal platform for financial integration and innovation in the Middle East.
The Abu Dhabi Securities Market launched an exchange platform in July 2022, and is the first digital trading center in the Middle East, and it is based on the mechanism of mutual access to the markets, where the platform facilitates cross -border trading, links the member financial markets, and also enables brokerage companies to reach Smoothly to the markets within a network of exchange within the framework of the agreements concluded between the markets, which provides more opportunities for investors to invest through various markets. In this context, the CEO of the Abu Dhabi Stock Exchange Group, Abdullah Salem Al -Nuaimi, said: “We are pleased to welcome the Amman Stock Exchange and the Jordanian Securities Depository Center as the latest members of the digital exchange platform, and they are considered to join the platform for an important step towards enhancing the integration of financial markets in all Throughout the region, this partnership will contribute to strengthening relations between the United Arab Emirates and the Hashemite Kingdom of Jordan, which provides investors with more varied investment opportunities in the most important developing markets.
He added, “The Abu Dhabi Securities Market is keen to confirm its constant commitment to enhance innovation through strategic cooperation that supports our vision to create an integrated financial system globally.”
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