KASE and KACC signed exchange agreement with MSX and ADX via Tabadul Hub
Kazakhstan Stock Exchange (KASE) and the KASE Clearing Center (KACC) signed the agreement with Muscat Stock Exchange (MSX) and Abu Dhabi Securities Exchange (ADX) as part of integration with the regional and international Tabadul Hub trading ecosystem.
The documents regulate the contractual, regulatory and operational aspects of interaction and enable remote access to the markets via the Tabadul Hub. The signed agreement defines the mechanisms for trading, clearing, settlement and custody of securities, and define the roles and responsibilities of the parties in cross-border transactions.
Chairperson of KASE's Management Board Adil Mukhamejanov noted that this step reflects the high level of operational readiness of the parties and is an important step in strengthening the relations between the capital markets of Central Asia and the Middle East, expanding the investor access to new markets and investment opportunities.