Abu Dhabi Securities Exchange (ADX) has signed a new data-sharing partnership with the US-based leading financial information portal TradingView to help attract a new generation of global traders and investors to the exchange.
As part of the agreement, ADX market data is now live on TradingView’s platform and accessible by a large base of local, regional, and international investors who are also TradingView users.
According to the statement, “TradingView delivers financial intelligence and state-of-the-art tools for traders to make informed decisions and profitable trading decisions. It has a growing base of social traders, with around 30 million users and over one million paid subscribers around the world.” TradingView is active in more than 18 languages.
“We are delighted to partner with TradingView to make ADX data accessible through new channels to even more people. The agreement is part of our ‘ADX One’ strategy of investing in the transformation to ensure a seamless connection between investors and companies in a vibrant marketplace. Our goal is to continue significantly increasing market capitalization, enhancing liquidity, and diversifying our investor base.”
Mr. Denis Globa, Chief Executive Officer of TradingView, said that, “As the second-largest exchange in the Middle East, ADX is an exchange on the move.”
“This agreement enables us to push ADX market information to an even wider audience and increase its visibility in the global trading community, leveraging TradingView’s unmatched reach and engagement with retail investors,” Mr. Globa added.
Earlier this year, ADX signed an agreement with the UAE’s first digital bank Al Maryah Community Bank (MBank) to facilitate initial public offering (IPO) subscriptions and streamline the process for obtaining a National Investor Number (NIN).