According to Amac News: Based on the ADX's announcement, this agreement was inked on the sidelines of the Middle East Investor Relations Association (MEIRA) conference in Abu Dhabi. With this agreement, ASE became the eighth exchange connected to Tabadul.
The integration of ASE in Tabadul is said to be a milestone in promoting cross-border trade and investment opportunities in the region, facilitating transaction processes and encouraging greater communication.
Amman i investors can now access a wider range of securities products and participate in IPOs and other investment opportunities on Tabadul member exchanges. By connecting markets and strengthening cross-market activities, Tabadul strengthens its central role in financial integration and regional innovation.
Abdulla Salem Alnuaimi, CEO of ADX Group, welcomed the Amman Stock Exchange and the Jordan Securities Depository as new members of the Tabadul Hub, adding that this cooperation will strengthen the relationship between the UAE and Jordan and provide investors with access to diverse investment opportunities.
Mazen Wathaifi, CEO of the Amman Stock Exchange, also said that the signing of this agreement shows the strategic cooperation between the two countries and common goals in the economic field.
On the other hand, Sarah Tarawneh, CEO of the Jordan Depository Center, said that this agreement would help facilitate cross-border business operations and post-trade services and provide more investment opportunities for investors.
Tabadul provides access to more than 6.5 million investors to its member exchanges and has significantly increased its trading activity compared to 2023.