Yearbook 2017
Organization Overview
Abu Dhabi Securities Exchange (ADX) was established on 15th of November 2000 by Local Law No. (3) of 2000, the provisions of which vests the Market with a legal entity of autonomous status, independent finance and management, and gives ADX the necessary supervisory and executive powers to exercise its functions.
Moreover, ADX has the authority to establish centers and branches outside the Emirate of Abu Dhabi, and so far it has done so in Al Ain, Zayed City, Fujairah, Ras Al Khaimah and Sharjah.
ADX Functions
• Provide opportunities to invest savings and funds in securities in order to benefit the national economy.
• Ensure the soundness and accuracy of transactions and ensure the interaction between demand and supply in order to determine the prices.
• Protect investors through establishing fair and proper dealing principles between various investors.
• Impose stringent controls over securities transactions to ensure sound and conduct procedure.
• Develop investment awareness by conducting studies in order to ensure that savings are invested in productive sectors.
• Support financial and economic stability and develop trading methods in order to enhance the liquidity and stability of prices of all Securities listed on the market.
Our Vision
Your Market of Choice
Our Mission
Be an innovative, attractive and transparent marketplace empowering UAE's economy
Our Values
• Transparency
• Integrity
• Customer Centric
• Efficiency
Strategic Initiatives
• Increase market cap and product range
• Attract and activate a wider range of investors.
• Redesign the organizational structure and governance
Abu Dhabi Securities Exchange
Mr. Rashed Al Baloushi
CEO of Abu Dhabi Securities Exchange
About Abu Dhabi Securities Exchange
Established: 2000
Chairman: H.E. Hamad Al Shamsi
CEO: Mr. Rashed Al Baloushi
Address: Ground Floor - Al Ghaith Tower Hamdan Bin
Mohammed Street Al Markaziyah District,
Abu Dhabi, UAE
Website: www.adx.ae
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ADX Key Achievements in 2017:
- Launching the latest investment service ‘Technical Short Selling’ (TSS), becoming the region’s first financial market to offer TSS
- Initiating Blockchain technology in eVoting services for AGMs as the first stock market in the MENA region that employs Blockchain technology in the services provided to stakeholders.
- ADX had 7633 institutional investors by end of 2017
- The cash dividend distribution of listed companies increased by 4.2% in 2017 compared to 2016 distributions
- Winning the Best Government-To-Customer (G2C) Service Of 2017 for utilizing Blockchain technology in ADX services
- Incensing a new market maker and a liquidity provider bringing the number of market makers operating on the Exchange to 3
- Holding a roadshow in New York City where ADX hosted meetings with 50 institutional investors from various asset management companies and global hedge funds with assets under management (AUM) of around USD 7 trillion