Abu Dhabi: The Abu Dhabi Securities Exchange (ADX) has launched more than 16 innovative initiatives that helped meet the needs of its investors and stakeholders and facilitate the service procedures rendered to them.

The new innovations reflect ADX’s strong management, excellent service standards and sound business models which helped save effort and time of its investors and increase their revenues.

The move comes as part of a series of great achievements realised by the Abu Dhabi Exchange in the field of innovation and smart transformation of its services rendered to investors, shareholding and brokerage companies listed on the market.

Technology

Rashed Al Balooshi, CEO of ADX, said, that ADX has positioned itself as a leading player in the area of innovative technology in developing financial products that serve all stakeholders. It launched of a large number of services in the field of innovation and smart transformation by ADX. On top of those services is “Sahmi” (My Shares) service, which represents a substantial development in how financial markets provide services to investors.

Sahmi allows issuance of an investor number in less than 60 seconds after the transaction was initiated using the ID card. Moreover, it offers an array of electronic services that include modification of existing investors’ details, obtaining financial reports and investment statements in a printed form including the investor’s portfolio and balance, the investors’ account statement, as well as the availability of the investor’s trading report and the provision of the electronic payment services for all the services offered by the Exchange.