ADX holds second annual forum for listed companies this year

 The Abu Dhabi Securities Exchange, ADX, has held its second annual forum for listed companies in this year, at Waldorf Astoria in Ras al-Khaimah.

The forum was attended by representatives from ADX’s listed companies as well as members of the exchange's senior management. It aimed to introduce and keep partners up-to-date with the latest services and mechanisms, designed by ADX, to support listed companies’ compliance with the disclosure and transparency requirements of the market.

Rashed Al Blooshi, ADX's Chief Executive Officer, stressed the company's commitment to developing frameworks for effective joint coordination with companies listed on the market and various related parties in order to improve trading systems and long-term investment savings. He also said that ADX is also dedicated to ready the companies to meet the requirements of disclosure and transparency, which come within the framework of its commitment to support the Abu Dhabi Plan, by developing and strengthening the investment climate of the Emirate and creating a flexible competitive environment for doing business.

Al Blooshi said, "Abu Dhabi Securities Exchange is continually developing the services it provides to listed customers and companies, and continues its efforts to develop and launch strategic initiatives aimed at increasing market value and products in order to attract and leverage a wider range of investors. This is done in order to enhance the nation’s investment structure and support its sustainable economic development, as part of ADX’s mission to contribute to Abu Dhabi Economic Vision 2030."

Participants were presented with the latest digital services developed for ADX listed companies. The services have been designed to meet the requirements of disclosure and transparency and ensure the prompt delivery of information to shareholders and investors within a transparent governance framework and under sound business practices.

ADX’s team offered a detailed explanation of its latest investment services, ‘Technical Short Selling Service’, which is part of their strategy to diversify investment and hedge mechanisms and raise the level of investment liquidity in order to attract new investors.

Source: Wam