About Abu Dhabi Securities Exchange
The Abu Dhabi Securities Exchange (ADX) was established by Local Law No. (3) Of the year 2000, the provisions of which make the Exchange a legal entity with autonomous status, independent finance and management. The law also provides the ADX with the necessary supervisory and executive powers to exercise its functions. ADX began operations on November 15th 2000.
ADX has 67 listed securities. Those securities include 65 public joint stock companies, 1 Exchange Traded Fund (ETF) and 1 convertible bond. The ADX had a total market capitalization of AED 449 billion (USD 122 billion) as at the end of 2013. The Exchange has signed a number of agreements with major financial institutions to provide custody services, including the National Bank of Abu Dhabi (NBAD), HSBC, Standard Chartered, Deutsche Bank, and Citi.
In 2013, the stock exchanges of the U.A.E Markets were upgraded to 'Emerging Market' status by both MSCI index (Morgan Stanley Capital International) and S&P Dow Jones, thus greatly increasing the likelihood of inward global investment flows.In alignment with the Abu Dhabi Government's Economic Vision 2030, ADX aspires to become the leading stock exchange in the region by leading the development of the UAE capital market through a well-regulated marketplace in a lawful environment that ensures integrity, transparency and disclosure. About NASDAQ OMX NASDAQ OMX (Nasdaq:NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 80 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,200 listed companies with a market value of over $8 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaqomx.com . Cautionary Note Regarding Forward-Looking Statements The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about NASDAQ OMX, and its products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements. NDAQG
CONTACT: NASDAQ OMX Media Contact: Ryan Wells firstname.lastname@example.org +1 (212) 231-5541 (office) +1 (646) 581-4286 (mobile) Abu Dhabi Securities Exchange Media Contact: Abdul Rahman Saleh Al Khateeb email@example.com +9712-6128774 (office) +97150-6689733 (mobile)