AMMAN, June 1 (Xinhua) -- Jordan's capital market institutions and the Abu Dhabi Securities Exchange (ADX) officially launched an electronic trading link on Monday in the capital, Amman, via the "Tabadul" platform.
According to a statement by the Amman Stock Exchange (ASE), the activation of the link comes within the framework of a strategic partnership between Jordan and the United Arab Emirates. The initiative aims to expand the investor base of both nations, streamline cross-border trading via registered brokerage firms, and modernize regional digital infrastructure for capital markets.
Emad Abu Haltam, chairman of the Jordan Securities Commission, called the link a major strategic step toward enhancing integration among Arab financial markets. Haltam noted that the move will boost liquidity, improve market efficiency, and provide broader investment opportunities.
For his part, ADX Group CEO Abdulla Alnuaimi described Tabadul as an advanced model for financial market integration, providing a secure trading environment to enhance the region's financial appeal.
ASE CEO Mazen Wathaifi noted that the link aligns with broader economic cooperation between the two countries, helping ASE increase its openness to regional and global financial markets and attract Arab and foreign investment.
The Tabadul digital hub was originally launched by ADX in 2022 to pioneer mutual market access under an integrated regulatory framework. ■
