release "Abu Dhabi Securities Market Group" To upgrade the investment scene

Abu Dhabi, February 24 / WAM / Abu Dhabi Securities Market announced today the launch of the “Abu Dhabi Stock Exchange Group” to enhance the market infrastructure, and two new companies, Abu Dhabi Clearing Company and Abu Dhabi Deposit Company.

This launch is in line with the long -term economic vision of the Emirate of Abu Dhabi, and contributes to maximizing the market efforts within its fixed steps to adopt the most prominent global developments and updates in the financial markets sector.

The announcement came during a ceremony held in the Emirate of Abu Dhabi today in the presence of more than 500 participants from the financial markets sector at the regional and global levels, which reflects the commitment of the Abu Dhabi Stock Exchange Group to attract more investors to the Emirates and enhance the capital market in the country, in addition to establishing the Abu Dhabi position A leading international financial center in the field of investment.

His Excellency Ghannam Butti Al Mazrouei, Chairman of the Abu Dhabi Stock Exchange Group, said that with the launch of the Abu Dhabi Securities Market Group, we are not only contributing to the development of a financial market, but we are also working to develop the future of investment in Abu Dhabi and contribute to long -term economic development in the Emirates and the region We provide global investors with smooth access to one of the fastest growing capital markets in the world, and we offer promising opportunities to expand the flourishing sectors in The emirate.

He added that the Abu Dhabi Securities Market Group will continue to adopt the latest innovations to ensure the presence of a strong and reliable international market to increase capital, facilitate the flow of investments, and support flexibility and financial stability.

For his part, Abdullah Salem Al Nuaimi, CEO of Abu Dhabi Securities Market Group, said that the group leads the process of adopting the new technologies to transform the investment scene in Abu Dhabi, and our updated trading system aims to increase flexibility and performance by 400%, which enhances the emirate’s position as a global financial center The new model launched by the Abu Dhabi Securities Market Group aims to convert the market and ensure its future sustainability depending on a system Development trading, new platforms for clearing and settlement, as well as providing post -trading services, which contributes to enhancing investment opportunities and increasing market liquidity, by enabling investors and participants to reach faster and more efficiently to the prosperous financial activities and sectors in Abu Dhabi.

These developments will contribute to enabling the Abu Dhabi Securities Market Group to provide a variety of financial products and services that meet the changing needs of institutional and individual investors, as well as exporting bodies and companies in the UAE and the Middle East region.

The Abu Dhabi Strategic Securities Market Partnership with NASDAC comes at the core of this shift to present the updated basic platform “CPU”, which provides advanced capabilities through trading, clearing and post -trading services.

The operational update updates of the market include attracting new categories of participants and increasing trading activities.

The main features include the work of the updated basic platform to improve the infrastructure of trading and integrate multiple assets categories (including stocks, traded investment funds, debt tools and financial derivatives) in one high -performance platform.

The platform has been improved to support high -frequency trading and algorithm strategies, which contributes to accelerating trading and increasing market liquidity.

By introducing new types of orders and the advantages of negotiating deals, investors and financial markets will benefit greater flexibility and efficiency in trading, with the possibility of implementing advanced and more advanced trading strategies.

Magnus Haglind, Senior Vice President and Head of Market Technology Department at Nasdaq, said the capital markets are an integral part of the foundations of the global economy, and by updating the infrastructure they occupy, we can remove barriers that prevent broader participation of investors and assist local and national economies on Prosperity, and in cooperation with the Nasdak integrated platform for trading, clearing and settlement, the Abu Dhabi Market will be able to Securities from the adoption of a world leading technology, attracting global liquidity and accelerating the growth march in the region.

Within the framework of the process of improving the group’s digital integration, the international financial correspondence standard ISO 2002 was adopted with the aim of developing transactions processing, enhancing data transparency, and supporting smooth integration with international financial institutions.

The Abu Dhabi Securities Market Group also worked to develop a better experience for users, by adopting a set of advanced digital tools, including the launch of a strong customer management system, a new website for the company, and a mobile phone application, with the aim of enabling investors to directly access the market data at the time Actual, advanced analysis tools, as well as improved services to manage investment portfolios.

The Abu Dhabi Securities Market Group seeks through the establishment of the new “post -trading services” section, which includes under its umbrella, Abu Dhabi Clearing Company and Abu Dhabi Central Deposit Company, to enhance the efficiency of the stock market and ensure the availability of clearing, settlement, deposit, and risk management services to meet the needs of local investors The internationals are smoothly and reliably Economic growth.

“Abu Dhabi Clearing Rapid” is a leader in the field of central clearing, and has been created recently with the aim of enhancing the efficiency of clearing and settlement operations in the market, as well as reducing the risks of the opposite parties, and ensuring the continuous compliance with international standards and practices, which is an independent and fully owned company for the Abu Dhabi Securities Market Group, either. ” Abu Dhabi Deposit, “which is an independent and fully owned company for Abu Dhabi Market Group For securities, it works as a central deposit of securities in Abu Dhabi and is an essential element in enhancing the flexibility, stability and efficiency of capital markets, and it is responsible for preserving securities for investors, facilitating clearing and settlement operations in a safe and effective manner, in addition to transferring shares, implementing corporate and other vital services. .

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