The Abu Dhabi Securities Exchange (ADX) has been declared the winner of the Best Trading Innovation Excellence – GCC 2020 at the Capital Finance International (CFI) Awards.
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Message displayed on Nasdaq tower today at Times Square in New York (Photo: AETOSWire)
H.E. Khalifa Al Mansouri, Chief Executive of ADX, said: “Innovation is an essential aspect of our long-term growth strategy and guides us to identify business development opportunities. Investing in innovation defines our organization’s future success. This is why, despite the challenging times that markets are experiencing right now, ADX is redoubling innovation as it develops tailored digital products and services that respond to customers’ needs in an evolving environment. Receiving the CFI Best Trading Innovation Excellence Award is of special significance for the Exchange and an encouragement to further improve our performance.”
For ADX, Innovation is a catalyst for growth. The Exchange regularly conducts market analysis that help identifying opportunities for Innovation in the Finance Industry and exploring the full potential it may bring. With the SAHMI digital platform, ADX has introduced an electronic voting service, enabling investors to vote remotely on the general assembly of companies in which they own shares. In addition, ADX recently launched its digital wallet powered by Payit that enables users to manage their stock exchange requirements through a real-time digital pay-out model. ADX is at the forefront of digitization, as an instrument to enhance interactions with its customers and to achieve international best practice alignment with leading global financial markets.
CFI Quote: “With its Digital Acceleration program, Abu Dhabi Securities Exchange (ADX) demonstrated that Innovation is at the core of its business development strategy, particularly exemplified with the rapid and responsible measures it has taken to ensure business continuity during the pandemic outbreak. Noting the navigation of a turbulent market with a steady hand and quick wit, the CFI.co judging panel has declared Abu Dhabi Securities Exchange as winner of the 2020 Best Trading Innovation Excellence (GCC) award.”