Abu Dhabi Securities Exchange Reduces its Trading Commission Fees by 50 Percent up to 90 Percent

Media IN DUBAI: 30th-06-2019

The Abu Dhabi Securities Exchange (ADX) said it will reduce its trading commission fees from July 1 by 50 per cent up to 90 per cent.

ADX cost for annual transactions of less than Dh250 million will be 5 basis points (0.05 per cent) of the transaction value.

For transactions in excess of Dh1 billion over the period of 1 year, the cost will range to one basis point.

The bourse said in a statement that the  initiative is designed to reduce costs on investors, build confidence, increase liquidity, as well as attract more investors into the exchange.

ADX Acting Chief Executive said that through the initiative and the introduction of other investment opportunities, the Abu Dhabi Securities Exchange (ADX) is providing additional incentives for both local and international investors to invest on the Exchange providing liquidity into the market and helping to finance listed companies’ projects which will support the of expansion their business.