Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has secured approval to become a General Clearing Member (GCM) for UAE equity markets through the Abu Dhabi Securities Exchange (ADX).
This makes Emirates NBD the first entity in the UAE to achieve GCM status. The approval allows Emirates NBD to offer comprehensive clearing services to trading members across the UAE. As a GCM, Emirates NBD can now provide trading members with a suite of tools, products, and access to credit facilities to reduce operational complexities and improve cost efficiencies within the clearing process.
The approval marks a critical step in bolstering the UAE’s dynamic stock markets, delivering additional clearing capacity and broadening the investment options available to participants as the UAE’s equity market continues to expand and attract investor confidence.
Hessa Al Mulla General Manager Emirates NBD Securities
“It is a pivotal moment for Emirates NBD to become first General Clearing Member through ADX. This milestone positions us at the forefront of market innovation at a time when the UAE equity market has been attracting substantial and growing investor interest. Our new ADX general clearing membership will open up this opportunity to Emirates NBD’s global network of clients. We are now uniquely equipped to provide trading members with unmatched access, fueling the growth and stability of the UAE capital market.”
Abdulla Salem Alnuaimi, Group Chief Executive Officer of Abu Dhabi Securities Exchange (ADX), noted that the inclusion of Emirates NBD Securities as the first General Clearing Member (GCM) on ADX marks a significant milestone in strengthening the exchange’s post-trade infrastructure and enhancing investor access. He emphasized that this development supports ongoing efforts to improve market efficiency, expand participation, and align with international best practices.
Abu Dhabi’s increasing prominence as a global financial hub and reinforces ADX’s position as a dynamic marketplace connecting regional and international capital with diverse investment opportunities. With its GCM Status, Emirates NBD continues to strengthen its market leadership and its ability to deliver end-to-end trading solutions for individual and corporate investors.
