Abu Dhabi Securities Exchange cut trading commission by up to 90% | ZAWYA MENA Edition:
The Abu Dhabi Securities Exchange (ADX) said on Sunday it was cutting its trading commission fees by between 50% and 90% as it seeks to attract investors into the market.
The measure comes amid Abu Dhabi's wider plans to lower costs and reduce barriers for doing business as part of a 50 billion dirhams ($13.62 billion) stimulus package launched last year to bolster the emirate's economy.
The new trading commission fees will be effective from July 1, 2019, ADX said in a statement.
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