Monday 27 July 2015

ADX issues new law on trading, clearing and depositary system | GulfNews.com

ADX issues new law on trading, clearing and depositary system | GulfNews.com:



"The Abu Dhabi Securities Exchange said on Sunday it has issued new law for trading, clearing and depositary system for its investors.



“This law will determine the best practices in the financial markets in order to achieve specific tasks market works that reflect and confirm the strength and durability of the economic situation of the United Arab Emirates,” the exchange said in a statement.



This law was approved at its last meeting after a thorough discussion chaired by Hamad Abdullah Al Shamsi and membership Excellencies both Khalifa Salem Al Mansouri, Ahmad Jassem Al Zaabi, and Muhammad Najm Al Qubaisi, and Khalifa Ali Al-Qamzi, and Ghannam Butti Al Mazroui."



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