Publish dateThursday 8 August 2024 - 12:22
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The Abu Dhabi Stock Exchange (ADX) has announced that the Kazakhstan Stock Exchange (KASE) and the Clearing Center (KACC) have signed a cooperation agreement to join the Exchange Digital Exchange Center.
photo: wam
photo: wam
According to Amac News: In the announcement of the Abu Dhabi Stock Exchange, it is stated that this agreement was signed in order to enable cross-border trade between exchanges and to expand investment opportunities.
Tabadul, launched by the Abu Dhabi Stock Exchange (ADX) in 2022, is a digital platform that connects multiple exchanges for cross-border trading.
This center has more than one million registered investors and has access to different sectors.
"The connection of the Kazakhstan Stock Exchange to the Exchange Center expands investment opportunities for participants in the Kazakhstan financial market. Access to Tabadul helps to increase liquidity and increase the number of foreign investors, both private and institutional, in the Kazakhstan stock market.
Kazakh investors can trade foreign securities on exchanges connected to the exchange, including ADX, Bahrain Stock Exchange (BHB), Muscat Stock Exchange (MSX) and Astana International Stock Exchange (AIX)) with several other international exchanges in the process of joining. are, will have access.
There are two Kazakh brokerage firms, Freedom Finance Global and Halyk Finance, that currently have access to Tabadul Hub, and several other local brokers are connecting.
The exchange is positioned as a platform for sustainable economic growth in the region, giving investors easy access to business opportunities in participating markets.
 
https://amacnews.com/vdcc.xqsa2bqiey-82.html
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