Astana International Exchange (AIX) has officially joined the Tabadul Digital Exchange Hub established by the Abu Dhabi Securities Exchange (ADX), allowing for bilateral cross-exchange trading between the two entities.

This collaboration enhances liquidity and streamlines trading mechanisms for investors by making AIX and ADX-listed securities available for cross-trading.

Tabadul facilitates remote access for brokerage firms affiliated with the exchanges, reinforcing their dedication to fostering stronger relationships and promoting collaboration. Through Tabadul, investment opportunities are expanded across member exchanges regionally and globally.

The ADX launched the Tabadul Hub in July 2022 as the first digital exchange centre in the region, operating on a mutual market access model. The platform creates a digital exchange network for trading among member exchanges at the regional and global levels, ultimately aiming to enhance cooperation and increase liquidity across participating markets.

Tabadul represents a step towards a sustainable future economy for the region and beyond, offering a wide range of trading opportunities for investors across all participating markets in a direct and straightforward manner. By connecting investors through local brokers to various markets, the platform enables all participants to pursue their interests, which is vital for accelerating economic growth in member countries.

Current members of the platform include the Abu Dhabi Securities Exchange (ADX), Bahrain Bourse (BHB), and Muscat Securities Market (MSX). AIX's integration into the Tabadul Digital Exchange Hub follows a strategic partnership with ADX, as outlined in their June 2023 Memorandum of Understanding. This move expands the platform's capabilities, providing trading participants and investors with a seamless and efficient trading and settlement experience. More foreign exchanges and brokerage firms are currently in varying stages on onboarding to the Tabadul hub.

Freedom Finance Global has been recognised and onboarded as a Tabadul Hub broker from Kazakhstan, while BHM Capital has joined AIX as an ADX trading member via Tabadul. Efforts are underway to onboard additional trading participants from both sides, with ADX members initially gaining access to AIX securities denominated in USD.

Abdulla Salem Alnuaimi, Chief Executive Officer of Abu Dhabi Securities Exchange (ADX), stated, “We are delighted to welcome Astana International Exchange (AIX) as the newest member of the Tabadul Digital Exchange Hub. This collaboration exemplifies our ongoing commitment to expanding ADX’s network of partner exchanges, enhancing liquidity, and establishing Tabadul as a premier platform for regional and global investment.

"The launch of Tabadul in 2022 was a significant milestone in fostering collaboration and increasing liquidity across markets. With AIX joining the platform, investors now have direct access to investment opportunities in both Kazakhstan and the UAE. This marks an exciting new chapter for ADX and Tabadul, and we eagerly anticipate collaborating with AIX to boost market efficiency, drive investor participation, and strengthen global connectivity in both markets."


Assel Mukazhanova, CEO of the AIX, noted, “The trading partnership between ADX and AIX aligns seamlessly with the AIX’s objectives and promises to enhance cross-border market integration between Kazakhstan and GCC markets. Becoming part of the Tabadul Hub introduces fresh avenues for Kazakhstani investors enriching the array of investment instruments accessible to market participants.”

Tabadul platform will be accessible to investors who have registered with eligible local brokers, provided that they meet all the requirements set by the receiving exchanges.