Jordan’s capital market institutions officially launched the electronic linkage between the Amman Stock Exchange and the Abu Dhabi Securities Exchange on Monday through the “Tabadul” platform, marking a significant step toward greater regional financial market integration.
اضافة اعلان
The launch ceremony was attended by senior officials from both markets, including Ghanam Al Mazrouei, Chairman of the Abu Dhabi Securities Exchange Group, and Abdulla Salem Al Nuaimi, along with representatives from Jordan’s capital market institutions, brokerage firms, banks, and media organizations.
The activation of the electronic link comes within the framework of the strategic partnership between Jordan and the United Arab Emirates and aligns with efforts to develop regional financial markets and strengthen integration among them. The initiative is expected to broaden the investor base and improve access to investment opportunities through cross-market trading facilitated by brokerage firms.
Enhancing Arab Financial Market Integration
Imad Abu Haltam, Chairman of the Jordan Securities Commission, described the project as an important strategic step toward enhancing integration among Arab financial markets. He noted that the initiative reflects the directives of both governments and the strong economic and strategic ties between the two countries.
According to Abu Haltam, the linkage is expected to:
Enhance market liquidity
Improve market efficiency
Provide broader investment opportunities for investors in both countries
Advanced Trading Environment
For his part, Al Nuaimi stated that the Tabadul platform represents an advanced model for cooperation among financial markets, facilitating access for investors and brokerage firms through a secure and technologically advanced trading environment.
Meanwhile, Mazen Al Wathaifi, CEO of the Amman Stock Exchange, said the initiative supports the exchange's strategic objective of increasing openness to regional and international markets, exchanging expertise, and attracting Arab and foreign investments.
He added that the launch comes at a time when the Amman Stock Exchange has recorded strong performance, while listed companies have achieved historic profits, supported by positive economic indicators, government reform policies, and Jordan’s financial, monetary, and political stability.
Strengthening Market Infrastructure
Sara Al Tarawneh, CEO of Jordan’s Securities Depository Center, emphasized that the platform provides an integrated framework enabling investors to execute transactions between the two markets efficiently and flexibly. The system is supported by advanced clearing, settlement, and pre- and post-trade services that meet high standards of accuracy, reliability, and security.
During the ceremony, officials marked the official launch by ringing the opening bell for the trading session, signaling the commencement of electronic connectivity between the two exchanges. The occasion also witnessed the execution of the first transaction through the platform.
About the Tabadul Platform
Launched by the Abu Dhabi Securities Exchange in 2022, the Tabadul platform is designed to connect participating exchanges and facilitate mutual market access for brokerage firms and investors.
Its members include:
Muscat Stock Exchange
Bahrain Bourse
Astana International Exchange
Kazakhstan Stock Exchange
Armenia Securities Exchange
Amman Stock Exchange
Abu Dhabi Securities Exchange
The Amman Stock Exchange and the Securities Depository Center signed the electronic linkage agreement with the Abu Dhabi Securities Exchange in Abu Dhabi on December 11, 2024, paving the way for Jordan’s accession to the platform.
