ADX brings Botswana Stock Exchange onto the Tabadul hub
The agreement makes the BSE the eleventh member to join the platform and will provide a single investor gateway for cross-border opportunities between the Middle East and Africa.
The agreement makes the BSE the eleventh member to join the platform and will provide a single investor gateway for cross-border opportunities between the Middle East and Africa.
The new offering onboards 11 contracts onto the Terminal, such as the FADX15 index futures and single stock futures, and is set to boost the visibility of Abu Dhabi’s capital markets at a global level.
Two new post-trade subsidiaries have also been announced, helping support the securities markets.
Through leveraging the ICE Global Network, Abu Dhabi Securities Exchange (ADX) aims to expand its global investor base by facilitating real-time access to market data and order entry.
ADX’s investment product knowledge and HSBC’s investment banking and blockchain capabilities will be leveraged to broaden the Middle East’s capital market use cases.
The US exchange has signed an agreement to deliver marketplace matching, clearing and settlement technology solutions to support the launch.