Tuesday 3 February 2015

Abu Dhabi Securities Exchange introduces market making to calm volatility | The National

Abu Dhabi Securities Exchange introduces market making to calm volatility | The National:



"The Abu Dhabi Securities Exchange and National Bank of Abu Dhabi (NBAD) have announced the official launch of market maker, which will make liquidity available for four stocks.



“This will have a radical change not just for the local exchanges but the GCC,” said ADX chief executive Rashed Al Baloushi.



NBAD attained a license to practice market making activities from SCA in April 2014, Mr Baloushi said."



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