UAE - Mubasher: A new trading floor at the Abu Dhabi Securities Exchange (ADX) has been inaugurated as part of the market's growth as a driver of economic diversification.
Opening a new trading floor at ADX coincides with the launch of ADX’s new brand, which boosts the ADX One strategy to improve liquidity and double the capitalisation over the next three years, according to a press release on Thursday.
At the beginning of 2021, the ADX One strategy was developed to focus on 22 strategic projects, promote corporate governance, and introduce new products and services to meet the requirements of issuers and global investors.
The Chairman of ADX, Mohammed Ali Al Shorafa Al Hammadi, said: "After 20 years of operation, ADX has reached a new stage of growth as demonstrated by the robust growth in market capitalisation, more sophisticated products and services, and a strong pipeline of listings."
Meanwhile, the Chief Executive of ADX, Saeed Hamad Al Dhaheri, said: "The modern look and feel of the new ADX trading floor are in line with its investments in modern infrastructure and market technology. The streamlined style of the new logo symbolises the market's role as a link to regional and international capital markets."
