Thursday May 8 2025
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
Country: International
On 7th May 2025, Nasdaq Dubai and the central securities depository of Astana International Exchange (AIX CSD) announced the launch of a direct CSD link between the two markets.
Under the MoU, Nasdaq Dubai and AIX CSD will work together to facilitate the trading and settlement of securities that are dual listed on both exchanges. The operational link will allow market participants to hold shares in dual-listed securities within either CSD and trade them seamlessly on both platforms. This cross-border infrastructure will support fungibility and efficient transfer of securities between UAE and Kazakhstan, creating a more accessible investment environment for issuers and investors alike.
The partnership aims to provide additional investment opportunities, enhance liquidity, and deepen capital market integration between the UAE and Central Asia. By supporting dual listings and streamlining securities settlement, both exchanges are paving the way for broader participation, improved operational efficiency, and access to capital flows across the two markets.
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