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]