Wednesday July 23 2025
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
Country: International
On 22nd July 2025, the Abu Dhabi Securities Exchange (ADX) has signed a Memorandum of Understanding (MoU) with the Budapest Stock Exchange (BSE) to collaborate on several key initiatives.
The MOU sets out to deepen relations between the two countries’ capital markets and share best practices. The agreement also marks another important step in the BSE’s efforts to build international relations, including in the Middle East. The development dovetails well with ADX’s ongoing efforts and initiatives to strengthen relationships with global financial institutions.
Within the framework of the agreement, the two parties will seek, among other things, to promote the visibility of the Hungarian and United Arab Emirates (UAE) capital markets. The parties are also exploring the possibility of cooperation in the development and promotion of ETF products to provide investors in both markets with more diversified and modern instruments. The BSE and ADX will also analyze the possibilities of dual listings and cross-border trading.
A key part of the agreement is the sharing and exchange of best practices, including on market developments, regulatory practices, product development and IT capacity building. The two parties will explore and evaluate appropriate pathways for the BSE to become part of the Tabadul Hub.
This strategic collaboration is set to provide a robust platform for financial growth and connectivity between the UAE and Hungary, reflecting ADX’s and BSE’s commitment to global economic progress.
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