Sign inSubscribe

Search Site

VideosInforgraphics
Sign inSubscribe
Trends banner

Uncategorized

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Abu Dhabi bourse to cut trading commissions by 50%

Presight listed on the ADX in March 2023. (AFP)
By TRENDS Desk
August 28, 2021 12:21 pm
  • The trading fees will be reduced to 0.025% from 0.05% from September 1
  • The trading hours extension should bring ADX into line with the operating hours of many exchanges globally

The Abu Dhabi Securities Exchange (ADX) has cut its trading commissions by 50%, and will extend its trading hours by one hour from Oct. 3.

According to a statement released by ADX, the trading fees will be reduced to 0.025% from 0.05% from Sept. 1, the exchange’s second commission cut this year and the third in three years.

The trading hours extension should bring ADX into line with the operating hours of many exchanges globally, it said, part of moves to bolster market activity and to deepen market liquidity.

Abu Dhabi bourse to cut trading commissions by 50%, extend trading hours. The trading fees will be reduced to 0.025% from 0.05% from September.

[adinserter block="5"]

Most Read

Getting vaccinated is ‘the most patriotic thing’ to do

The Fourth of July is a sacred day in our country. A day of history, of hope, remembrance and resolve with promise and possibilities. Before me stands monuments of the…

UAE’s working mothers get extended maternity leave

The Gulf country is setting a new benchmark for supporting working mothers by doubling the mandated maternity leave to 120 days, Kathryn Martin VFS Global tell TRENDS.

Saudi Arabia to generate $150 billion in investments from its new transport policy

The government would provide thirty-five percent of the investments The rest of it, sixty-five percent, will come from the private sector Saudi Arabia expects to generate $150 billion from investments…

GCC healthcare: Transforming the region and impacting the world

PwC forecasts that AI could contribute US$320 billion to Middle Eastern economies by 2030, with healthcare predicted to see some of the largest gains relative to its current size

New-Age Growth Comes Home to the GCC

The region, fueled by ambition and massive investment, is rapidly advancing in technology and infrastructure, aiming to secure a leading role in the 4IR.

[adinserter block="4"]