The Abu Dhabi Securities Exchange (ADX) has introduced the “New ADX Group,” a revamped market infrastructure that includes two subsidiaries: Abu Dhabi Clear (AD Clear) LLC and Abu Dhabi Central Securities Depository (AD CSD) LLC. This initiative aims to enhance Abu Dhabi’s capital markets and attract increased investment.
At a launch event attended by over 500 industry participants, ADX Group Chairman Ghannam Al Mazrouei 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.”
Group CEO Abdulla Salem Alnuaimi highlighted technological advancements, noting, “Our enhanced trading system aims to increase resilience and performance by 400%, reinforcing the emirate’s position as a global financial hub.” These improvements are part of a strategic partnership with Nasdaq to upgrade ADX’s core platform, integrating multiple asset classes into a single system optimized for high-frequency trading.
The establishment of AD Clear and AD CSD is designed to bolster post-trade services, including clearing, settlement, and risk management, thereby enhancing market efficiency and stability.
