ADX participates in Milken Institute’s Global Conference in US

ABU DHABI, As part of its continuous efforts to build a broad network of international financial institutions and entities, Abu Dhabi Securities Exchange, ADX, participated in the Milken Institute’s Global Conference in Los Angeles from 28th April to 1st May, 2019.

The delegation, headed by Khalifa Salem Al Mansouri, Acting Chief Executive of ADX, also visited NASDAQ and the New York Stock Exchange, NYSE.

Khalifa Al Mansouri said, “Given ADX’s leading position in the region, we truly believe in the need for continuous and effective communication between senior officials, analysts and thought leaders across the globe to discuss the various social, economic, educational and development issues that affect the future of our world.”

During the delegation’s visit to NASDAQ and NYSE, Al Mansouri highlighted ADX’s efforts to support the Abu Dhabi plan and bolster the nation’s economy by providing a secure and stable investment environment.

He also met with Adena Friedman, President of Nasdaq, and a group of NYSE officials. They discussed the policies and trends in the securities industry on a global level, as well as ways for further cooperation between the Exchange, NASDAQ and NYSE.

The number of US investors in ADX reached 4,046, including 2,081 institutional investors by the end of the first quarter of 2019. The total value of their transactions (selling + buying) during the first quarter of 2019 reached AED3.2 billion compared to AED1.5 billion during the same period of 2019, an increase of 106 percent.

Source: Emirates News Agency