Friday, Jan 20, 2017

Dubai:

Abu Dhabi Securities Exchange (ADX) hosted a student delegation from Elon University in North Carolina, USA, in an effort to promote its role as one of the most important investment platforms in the UAE.

The 33 students visiting the UAE as a part of student exchange program from Elon Business School, USA, were given a tour of the exchange followed by a presentation on the UAE capital markets. The student delegation was briefed on the procedures, trading operations and e-services performed in the Exchange. An explanation of the investment in the market, accounts and financial transactions was also provided.

During the visit the delegation learnt about the role of ADX in reinforcing investments in the emirate of Abu Dhabi along with the trading tools that ensure regional as well as international leadership and uniqueness of the emirate.

ADX was established on November 15 of the year 2000 by a local Law, the provisions of which vest the market with a legal entity of autonomous status, independent finance and management. The Law also provides ADX with the necessary supervisory and executive powers to exercise its functions.

Siddesh Suresh Mayenkar

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