Kazakhstan Stock Exchange and KACC have signed an agreement with ADX to join Tabadul Hub.

Kazakhstan Stock Exchange (KASE) and KASE Clearing Centre (KACC) have become the sixth member to join the Tabadul Digital Exchange Hub. This collaboration is aimed at facilitating cross-border trading between the exchanges and expanding investment opportunities.

Tabadul, launched by Abu Dhabi Securities Exchange (ADX) in 2022, is a digital platform that connects multiple exchanges for cross-border trading. It has over a million registered investors and offers access to various sectors.

Alina Aldambergen, Chairman of the KASE Management Board, stated, "Connecting the Kazakhstan Stock Exchange to the Tabadul Hub expands investment opportunities for participants in the Kazakh financial market. Providing access to Tabadul will help increase liquidity and attract a greater number of foreign investors, both private and institutional, to the Kazakh stock market." Kazakhstan investors will have access to trading foreign securities on exchanges connected to the Tabadul Hub, including the ADX, Bahrain Bourse (BHB), Muscat Stock Exchange (MSX), and Astana International Exchange (AIX), with several more international exchanges in the process of joining the Hub. Transactions made by members of the Exchange will be settled through KASE Clearing Centre in Kazakh tenge.

The technical connection to Tabadul is expected to be completed by the end of the year. Currently, two Kazakhstan brokerage companies, Freedom Finance Global and Halyk Finance, already have access to Tabadul Hub, and several other local brokers are in the process of connecting to it.

Abdulla Salem Alnuaimi, Group CEO of ADX, expressed, “We are excited to welcome KASE to the Tabadul Hub. This collaboration aligns with ADX's goal of attracting more investment to Abu Dhabi and expanding global market connectivity. With KASE on board, investors can access multi-asset investment opportunities and benefit from market efficiencies not only in both Kazakhstan and the UAE, but they can tap into growth markets including Oman, Bahrain, Tajikistan and more driving liquidity and market efficiency. We look forward to a successful partnership with KASE and together, we will foster a more robust and borderless trading marketplace.”

Tabadul is positioned as a platform for sustainable economic growth in the region, providing investors with easy access to trading opportunities across participating markets.