Abu Dhabi, June 2 (Petra) – The operational launch of the digital
trading link between the Amman Stock Exchange (ASE) and the Abu Dhabi
Securities Exchange (ADX) via the “Tabadul” platform marks a
strategic milestone that moves beyond technical alignment to
accelerate financial and investment integration between Jordan and
the United Arab Emirates.

Dr. Khaled Al-Wazani, Professor of Economics and Public Policy at the
Mohammed bin Rashid School of Government and Fellow of the Royal
Economic Society in the UK, told Petra’s Abu Dhabi correspondent that
the cross-border digital linkage will expand consumer investor bases,
inject capital liquidity, and streamline market access across both
exchanges, ultimately deepening capital markets and accelerating
foreign direct investment.

Al-Wazani noted that the operational integration reflects strong
institutional trust and underscores the role of digital
transformation in building capital market competitiveness regionally
and globally.

For Jordan, linking with one of the region’s most dynamic financial
markets provides listed Jordanian firms with direct exposure to a
broader pool of regional and international institutional investors.

He characterized the milestone as a scalable blueprint for Arab
financial integration, which could support cross-border capital flows
and position capital markets to fund sustainable economic growth.

“The future of regional economic competitiveness relies heavily on
financial market integration and efficient capital mobility,
alongside the standard movement of goods and services,” Al-Wazani
added.

The “Tabadul” hub expands cross-border trading, joint listings, and
bilateral depository cooperation, aligning with the strategic
partnerships of participating nations. Launched in 2022, the digital
platform has become a fast-growing cooperative network, currently
spanning the Muscat Stock Exchange, Bahrain Bourse, Astana
International Exchange, Kazakhstan Stock Exchange, and Armenia
Securities Exchange, alongside the ADX and ASE.

Al-Wazani highlighted that financial brokerages and investment banks
will clear immediate benefits, utilizing the shared infrastructure to
upgrade digital services for traders handling multi-market financial
instruments.

The operational launch follows an electronic connectivity agreement
signed in Abu Dhabi on December 11, 2024, between the ASE, the
Securities Depository Center of Jordan, and the ADX. The official
roll-out on Monday establishes mutual market access, enabling
licensed brokerages in both countries to execute cross-border
transactions directly on the combined platform.

//Petra// AA