Jordan’s capital market institutions, including the Amman Stock Exchange (ASE), officially launched an electronic link with the Abu Dhabi Securities Exchange (ADX) via the Tabadul platform deepening cross-border trading between the two financial centres.
The newly activated electronic bridge is anticipated to expand the investor base and improve access to financial markets by enabling cross-market trading between the two exchanges through brokerage firms.
This collaboration is expected to enhance market liquidity, boost efficiency, and create broader investment opportunities for stakeholders in both countries.
The launch event saw attendance from various high-ranking officials, including the Chairman of ADX and the CEOs of both the Amman Stock Exchange and the Securities Depository Centre.
The ADX CEO remarked that the Tabadul platform exemplifies an advanced integration model, providing investors and brokerage firms with secure access to member markets, thereby improving the region’s financial market attractiveness.
The Tabadul platform aims to interconnect member markets and facilitate mutual access for brokerage firms, allowing investors to trade across markets effortlessly. The platform’s membership extends beyond Jordan and the UAE, incorporating other regional exchanges, contributing to the enhancement of joint cooperation, and broadening investment horizons.
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