Iraq Stock Exchange to join Tabadul Digital Trading Platform
The Abu Dhabi Securities Exchange (ADX), the UAE's largest financial market, has signed an agreement with the Iraq Stock Exchange and the Iraqi Securities Commission (ISC), paving the way for Iraq to join the regional digital trading platform, Tabadul.
The signing ceremony was held at ADX headquarters on Tuesday.
The agreement follows a preliminary accord announced in January, aimed at enhancing cooperation between the capital markets of Iraq and the UAE. The partnership will focus on technology, innovation, post-trade systems, and the exchange of best practices.
By joining Tabadul, Iraq becomes the platform's ninth member, enabling seamless cross-border trading between Iraqi and Emirati investors and brokers. The platform allows remote market access and supports participation in IPOs across member exchanges, broadening investment horizons.
(Sources: ADX, ISC)