Tuesday, May 06, 2014
Abu Dhabi Securities Exchange (ADX) held a meeting with a number of its licensed brokerage firms to discuss strategy and services that ADX provides to brokers.
ADX presented its strategic plan and briefed the attendees on its initiatives for 2014.
ADX chief executive Rashed Al Baloushi said: “We are delighted to meet with our brokers to help maintain the mechanism that ensures the quick and efficient execution of all procedures that involve the ADX and brokerage firms.
“The meeting reflects our vision to build partnerships on solid basis with brokerage firms and other ADX partners. Our stakeholder engagement program is continuously being enhanced to meet the changing needs of our stakeholders from across the globe.”
Al Baloushi thanked the brokerage firms for their cooperation in the process leading to the launch of ADX new trading platform, X-Stream. ADX is the first exchange in the region to use the new platform, which went live on April 17
Al Baloushi highlighted the efforts exerted by ADX aiming at strengthening the level of cooperation with the exchange’s stakeholders, and to convey the strategies of the administration which target expanding and boosting the UAE capital market.
Staff Report
Gulf News 2014. All rights reserved.
