Armenia Stock Exchange Join Tabadul Hub
The Abu Dhabi Securities Exchange (ADX) has signed an agreement with the Armenia Stock Exchange (AMX) and the Central Depository of Armenia (CDA). This agreement will integrate AMX into the Tabadul Digital Hub. With this addition, AMX becomes the seventh exchange on the platform. This expansion helps ADX reach a global audience and attract more international investments.
The agreement allows for seamless trading between ADX and AMX. Both investors and brokerage firms will have remote access to the markets via the Tabadul platform. This access will boost trading activity and collaboration between businesses and investors across borders. Investors on member exchanges can also participate in IPO offerings from each other’s markets. This includes the upcoming IPO of Lulu Retail Holdings on ADX.
Now, the Tabadul Digital Hub connects over 6.5 million investors. It strengthens its role as a global platform for market access. Tabadul has become a key player in facilitating cross-border transactions. It links various exchanges, including Bahrain Bourse (BSE), Muscat Stock Exchange (MSX), Kazakhstan Stock Exchange (KASE), Astana International Exchange (AIX), Central Asian Stock Exchange (CASE), and now AMX.
Abdulla Salem Alnuaimi, the Group CEO of ADX, stated that collaborating with AMX emphasizes ADX’s goal to expand investment opportunities. He mentioned that this partnership will enhance ADX’s global reach and attract more investments to Abu Dhabi.
Hayk Yeganyan, the CEO of AMX, noted that joining the Tabadul hub is important for Armenian brokers. It simplifies access to global markets and eliminates the need for separate accounts. He believes this integration will make Armenia’s market attractive to foreign investors. It also strengthens connections with the Middle East, a vital investment region. Yeganyan added that AMX’s involvement would improve liquidity and market efficiency.
The integration of AMX into the Tabadul hub is a major milestone. It allows Armenian investors to access foreign securities. It also gives investors from other Tabadul member exchanges access to the Armenian market. This mutual access is expected to improve liquidity, enhance market efficiency, and create new investment opportunities across borders.
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