FEAS Yearbook FEAS Yearbook 2018 | Page 35

Yearbook 2018

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

H.E. Khalifa Al Mansouri

Acting Chief Executive

of ADX

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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Abu Dhabi Securities Exchange started 2018 with the award and ended it with the award. The AmCham Abu Dhabi Annual Excellence Awards is the largest signature event of AmCham that celebrates distinguished U.A.E. companies, institutions, and entrepreneurs, and applaud the achievements of our leading local business community. At the beginning of 2018 (ADX, the region's leading financial market, was recognized with the Bridge of Excellence Award at AmCham Abu Dhabi’s 8th Excellence Awards. The award recognizes an organization that bridges the gap in bilateral trade relations and demonstrates a commitment to cross-border business alliances or joint ventures between the U.S. and UAE.

ADX received the ‘IBMC UAE-INDIA Business Excellency Award 2018 in December 2018. The Award is a top international recognition that honors business excellence in India and the UAE.

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