ABU DHABI — Abu Dhabi Securities Exchange (ADX) will list its first Exchange Traded Funds (ETFs) in March, and will offer derivatives contracts by year-end, said its chief executiveTom Healy.
In an interview with Khaleej Times, Tom Healy said Abu Dhabi Securities Exchange would be the first bourse in the Middle East to offer an asset-backed product that would expand choices and opportunities to investors.
He said the ADX has received a tremendous response to its ambitious ETFs programme. Strong interest has been expressed by counterparts in Tokyo, Taiwan and in Pakistan who are eager to launch their ETFs on ADX in order to expand their investor base.
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