The Armenia Stock Exchange (AMX) and Central Depository of Armenia signed a landmark cooperation agreement with Abu Dhabi Securities Exchange (ADX) on November 4th, becoming the seventh member of the Tabadul Digital Exchange Hub.
The strategic partnership marks a significant milestone in Armenia's financial market development, enabling direct trading access between AMX and ADX. The agreement allows investors and brokers from both countries to access each other's markets through the Tabadul platform without requiring separate trading accounts.
"This integration deepens Armenia's connectivity with one of the world's wealthiest regions and establishes a strategic bridge for investment flows," said Hayk Yeganyan, CEO of Armenia Stock Exchange. He emphasized that Armenian brokers will gain seamless access to trading instruments across all member exchanges, streamlining cross-market activities.
Abdulla Salem Alnuaimi, Group CEO of ADX, highlighted the partnership's significance: "This collaboration enhances ADX's global reach and attracts greater investment flows to Abu Dhabi, solidifying our position as a leading global capital market and financial hub."
The Tabadul hub currently connects approximately 4 million investors across multiple exchanges, including the Bahrain Bourse, Muscat Stock Exchange, Kazakhstan Stock Exchange, Astana International Exchange, and Central Asian Stock Exchange. The platform enables investors to participate in IPOs across all member exchanges, facilitating portfolio diversification and expanding investment opportunities.
This agreement follows a Memorandum of Understanding signed between AMX and ADX on August 13th this year, laying the groundwork for enhanced cooperation between the two exchanges.
The partnership is expected to boost the competitiveness and sustainability of Armenia's investment ecosystem while creating modern and attractive conditions for capital market investments in the country. It represents a significant step in Armenia's integration into the global financial markets, particularly strengthening ties with the Middle East region.
