Thursday December 12 2024
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
Country: International
On 11th December 2024, the Amman Stock Exchange (ASE) and the Securities Depository Center (SDC) signed an agreement with the Abu Dhabi Securities Exchange (ADX), which aims to join “Tabadul” Hub operated by the ADX and includes some Arab and Asian stock exchanges.
In the upcoming phase, the necessary regulations will be established to facilitate the registration of brokerage companies wishing to trade for their clients in ADX through Tabadul Hub. Additionally, all arrangements and guarantees related to the settlement will be completed in accordance with the provisions of that agreement and its appendices, in preparation for determining the date of the agreement coming into force and putting it into actual practice in the two markets.
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