Strengthening Market Connectivity Between UAE and Kazakhstan
Highlights:
- Seamless Cross-Border Trading: The direct CSD link enables investors to trade and settle securities dual-listed on both exchanges.
- Enhanced Market Liquidity: The partnership fosters greater accessibility and investment opportunities between UAE and Kazakhstan.
- Operational Efficiency: The infrastructure streamlines securities transfer, improving post-trade settlement processes.
Summary: Nasdaq Dubai and AIX CSD have introduced a direct central securities depository (CSD) link, marking a significant step in cross-border financial connectivity. This collaboration allows market participants to hold and trade dual-listed securities seamlessly across both exchanges, enhancing liquidity and investment opportunities between the UAE and Kazakhstan.
The initiative supports efficient post-trade settlement, ensuring greater accessibility for issuers and investors. By strengthening financial ties, Nasdaq Dubai and AIX are paving the way for broader market participation and capital flow integration.
