Armenia Stock Exchange And ADX Sign Agreement To Enhance Cross-Border Trading Via Tabadul Hub

The Abu Dhabi Securities Exchange (ADX) has formed a partnership with the Armenia Stock Exchange (AMX) and the Central Depository of Armenia (CDA). This collaboration aims to incorporate AMX into the Tabadul Digital Hub. By doing so, ADX strengthens its international network, offering investors strategic access to new markets and enhancing its ability to draw global investments into Abu Dhabi.

This agreement facilitates direct trading between ADX and AMX for investors and brokerage firms. Through Tabadul, brokerages on both exchanges can remotely access each other's markets. This fosters cross-market trading and opens up new business opportunities. Investors from member exchanges can participate in each other's IPOs, showcasing the advantages of cross-border trading.

With AMX's inclusion, Tabadul now serves over 6.5 million investors as a dynamic digital hub. It provides access to various international markets, supporting investors across member exchanges like Bahrain Bourse (BSE), Muscat Stock Exchange (MSX), Kazakhstan Stock Exchange (KASE), Astana International Exchange (AIX), Central Asian Stock Exchange (CASE), and AMX. This platform highlights ADX's commitment to technological progress and expanding market access.

Abdulla Salem Alnuaimi, Group CEO of ADX, stated that this strategic partnership with AMX demonstrates their dedication to broadening investment opportunities and accessing high-growth markets. He noted that this collaboration not only extends ADX's global reach but also attracts more investment flows to Abu Dhabi, reinforcing its status as a leading global capital market.

Hayk Yeganyan, CEO of Armenia Stock Exchange, expressed that joining Tabadul is a significant milestone for Armenia’s financial market. It enhances its appeal to foreign investors by providing Armenian brokers seamless access to diverse trading instruments across member exchanges without needing separate accounts. This integration strengthens Armenia’s ties with the Middle East, establishing a strategic bridge for investment flows.

Armenian investors will now have access to foreign securities through Tabadul’s network. Conversely, investors from Tabadul’s member exchanges can enter the Armenian market. This mutual access is expected to boost liquidity, improve market efficiency, and create new pathways for cross-border investments.

The integration with AMX allows Armenian investors to explore foreign securities within Tabadul’s network while enabling investors from other member exchanges to tap into the Armenian market. This reciprocal access promises increased liquidity and enhanced market efficiency, unlocking new avenues for cross-border investments.

This initiative builds on previous collaborations with the European Union and Warsaw Stock Exchange (GPW). It aims to strengthen cross-border investment opportunities further, fostering a dynamic and globally integrated market environment.

With inputs from WAM