KASE, KACC and ADX sign agreement on joining Tabadul Hub
09.08.24 12:50
/KASE, August 9, 2024/ – Kazakhstan Stock Exchange (KASE), KASE Clearing
Centre (KACC) and Abu Dhabi Securities Exchange (ADX) have signed an
agreement to join the digital exchange hub Tabadul.
On behalf of Kazakhstan Stock Exchange, Chairman of KASE's Management
Board Alina Aldambergen and Deputy Chairman of the Management Board of
KASE Clearing Centre Idel Sabitov took part in the signing of the agreement. On
ADX's part CEO Abdulla Alnuaimi took part in the signing of the agreement.
Representatives of the UAE stock market and Tabadul Hub were invited to the
event.
KASE's partnership with ADX will increase access to Kazakhstan's financial
instruments for global investors and open up new opportunities for Kazakhstan's
investors to trade foreign securities on international markets through Tabadul
Hub. This is a significant event for all market participants, aimed at
increasing liquidity and improving the investment climate.
ADX launched the digital exchange hub Tabadul in July 2022. Tabadul acts as a
hub for exchanges, regulators, brokerage firms and investors and provides
access to trading on international markets. The platform provides electronic
trading in traditional securities, with more than 1 million investors registered
on it. Tabadul provides access to a variety of sectors, including banking,
financial, energy and telecommunications.
[2024-08-09]