Trading system go-ahead for ADX | The National:
"Abu Dhabi Securities Exchange (ADX) will migrate to its new trading system – X-stream – at the end of January following a successful trial, Wam reported yesterday.
The mock session was conducted to ensure brokerages and their internal systems were prepared for X-stream. The implementation of the system will allow ADX to take a big step towards modernising the stock market and improving its performance.
The new system is said to offer “multiple functionality and flexibility”.
“We are committed to becoming one of the most innovative exchanges in the region and across the world,” said Ghanem Hamad Al Dhaheri, the deputy chief executive of ADX."
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