ADX Reduces Transaction Fees on Trading Activities by More Than 22% Starting February 14

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The Abu Dhabi Securities Exchange (ADX) announced today that it is reducing overall trading activity fees on all exchange transactions starting Sunday, February 14th as part of its "ADX One" strategy to double the market capitalisation of companies listed on the exchange in the next three years. The new pricing structure will be the second time the exchange has reduced its charges in the past two years to enhance market liquidity further. Trading commission on ADX was reduced in June 2019 as part of Abu Dhabi's Ghadan 2021 plan of lowering the cost of doing business in the Emirate. Under the new initiative, fees of all transactions that occur on ADX are to be reduced by more than 22 percent to 0.175 percent from 0.225 percent, effective February 14.

Source: http://wam.ae/en/details/1395302907730


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