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Wednesday, 26 April 2017

Abu Dhabi Securities Exchange delays short-selling to allow time for training | The National

Abu Dhabi Securities Exchange delays short-selling to allow time for training | The National:

"The Abu Dhabi Securities Exchange (ADX) has delayed the introduction of short-selling, claiming that more time is required to acquaint market participants with the practice. The ADX announced plans in December to introduce technical short-selling as a means of boosting market liquidity and attracting more foreign investors, with initial plans to allow the practice by the end of March. However the exchange is now saying that a survey of dealers, brokers, board members of listed companies and investors found that more training was required before short-selling could be properly introduced."



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