The Abu Dhabi Securities Exchange (ADX) and the Astana International Exchange (AIX) have confirmed the implementation of a direct operational link between their respective Central Securities Depositories (CSDs).
The strategic step is aimed at facilitating smoother cross-border transactions, enhancing market connectivity, and strengthening investment flows between the UAE and Kazakhstan.
This comes within the framework of the Memorandum of Understanding signed between the two sides in October 2021, which resulted in the AIX joining the Tabadul platform. This initiative complements the existing Tabadul link and reflects the growing partnership between AIX and ADX.
The strategic cooperation is designed to facilitate cross-border trading, enhance market infrastructure, and broaden investment opportunities for both investors and issuers.
By enabling seamless access between the two markets, AIX and ADX are fostering enhanced liquidity, strengthening investor participation, and driving the broader integration of regional capital markets, thereby creating new opportunities for cross-border investment and sustainable economic growth.
Abdulla Salem Alnuaimi Group CEO- ADX
“Establishing a direct link with AIX is a significant step toward making capital markets more accessible and interconnected. Building on the success of Tabadul and our broader international partnerships, this initiative enhances cross-border integration, strengthens post-trade connectivity, and opens new investment avenues for global and regional participants. By pursuing such strategic collaborations, the ADX reaffirms its role as an innovative, dynamic, and transparent marketplace, advancing Abu Dhabi’s position as a leading financial hub.”
Assel Mukazhanova, CEO of AIX, said that, “We are delighted to formalize this cooperation, which will deliver tangible benefits to market participants on both sides. By strengthening connectivity and building more efficient trading channels, we are creating a pathway for deeper cross-border investment flows.”
This undertaking reaffirms the shared commitment of AIX and ADX to advancing innovation, strengthening market infrastructure, and driving the long-term growth and sustainability of capital markets across the region, while positioning both exchanges as key enablers of cross-border investment and financial integration.
