Yearbook 2024
Armenia Stock Exchange and Central Depository Joined Tabadul Hub
On November 4, 2024 the Armenia Stock Exchange (AMX) and the Central Depository of Armenia signed a cooperation agreement with the Abu Dhabi Securities Exchange (ADX). Under the agreement, AMX joins the Tabadul Digital Exchange Hub, becoming the seventh exchange to join the platform. This cooperation expands opportunities for international investments, providing strategic access to new markets and increasing bilateral investment attractiveness.
The agreement will enable seamless direct trading between ADX and AMX for both investors and brokerage firms. Through the Tabadul platform, brokerages on both exchanges will gain remote access to one another’s markets, fostering cross-market trading and creating new avenues for business and development collaborations. By leveraging Tabadul, investors from member exchanges can participate in each other's IPO offerings, highlighting the benefits of cross-border trading. This connectivity empowers investors to diversify their portfolios and access a wider range of investment opportunities.
This historic step will open up new prospects and opportunities, which will increase the competitiveness and sustainability of Armenia's investment ecosystem, creating modern, dynamic, and attractive conditions for investing in Armenia's capital market.