A direct link between the deposit centers in "Abu Dhabi Securities" and"Astana Stock Exchange"
Abu Dhabi, September 4 / WAM / The Abu Dhabi Stock Exchange and the Astana International Stock Exchange announced the implementation of a direct link between the stock deposit centers in their markets.
This comes within the framework of the Memorandum of Understanding signed between the two parties in October 2021, and resulted in the stock exchange joining the exchange platform, according to a financial statement issued today.
The initiative is a complement to the existing link between the two markets through an exchange platform, as it reflects the growing partnership between the Abu Dhabi Stock Exchange and the Astana International Stock Exchange.
Strategic cooperation aims to facilitate cross -border trading, promote market infrastructure, expand investment opportunities for investors and export alike, and supports smooth access between the two markets their efforts towards enhancing liquidity and developing greater integration of regional financial markets.
“We are pleased to consolidate the foundations of cooperation, which will achieve tangible benefits for the market participants from both sides, and by enhancing the bonding and building more efficient trading channels, we create a path for deeper investment flows across the border.”
Abdullah Salem Al Nuaimi, CEO of Abu Dhabi Securities Market Group, said that creating a direct link with the Astana International Stock Exchange is an important step towards making financial markets more open and interconnected, and based on the success of the platform for exchange and expansion of our international partnership base, this initiative enhances cross -border integration, strengthens the post -trading system, opens new prospects for investment for regional and international participants, and comes We went towards the implementation of such strategic initiatives, in the context of our commitment as an innovative, dynamic and transparent market in establishing the position of Abu Dhabi as a pioneering financial center.
- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Related
