Latest news with #AIXCSD
Hi Dubai
08-05-2025
- Business
- Hi Dubai
Nasdaq Dubai and AIX CSD Launch Direct Link to Boost Cross-Border Trading
Nasdaq Dubai and Astana International Exchange's Central Securities Depository (AIX CSD) have launched a direct link between their markets, in a move aimed at boosting cross-border investment and streamlining the trading of dual-listed securities. The announcement was made at the Capital Market Summit 2025, hosted by Dubai Financial Market. The new CSD link allows investors to hold and trade dual-listed securities seamlessly across both the UAE and Kazakhstan. It marks a major step in enhancing post-trade infrastructure and improving market accessibility between the two regions. As part of a memorandum of understanding, Nasdaq Dubai and AIX CSD will collaborate to enable smoother settlement and increased fungibility of cross-listed shares. This infrastructure will allow market participants to transfer and settle securities efficiently within either depository, supporting greater liquidity and operational efficiency. Hamed Ali, CEO of Nasdaq Dubai and DFM, called the partnership 'a significant advancement' in regional capital markets integration. He emphasized that the initiative enhances Dubai's position as a global financial hub and opens new avenues for capital raising and investor participation. Assel Mukazhanova, CEO of AIX, noted that the link is 'issuer and investor driven,' underscoring the growing demand for deeper connectivity between the GCC and Central Asian markets. The partnership reflects a broader push to align regional exchanges with global standards while encouraging more cross-border listings and investment flows. By strengthening economic ties and modernizing infrastructure, both markets aim to position themselves as strategic gateways for international capital. This initiative represents a critical milestone in financial cooperation between the UAE and Kazakhstan, setting the stage for increased market integration and long-term growth in regional capital markets. News Source: Emirates News Agency
Zawya
07-05-2025
- Business
- Zawya
Nasdaq Dubai, AIX CSD launch direct CSD link, enabling seamless settlements, cross-border listings
Nasdaq Dubai, the region's international financial exchange, and AIX CSD, the central securities depository of Astana International Exchange, today announced the launch of a direct CSD link between the two markets. The launch was announced during the Capital Market Summit 2025, hosted by Dubai Financial Market (DFM), marking a significant step in enhancing regional financial connectivity and enabling more efficient post-trade settlement for cross-listed securities. Under the MoU, Nasdaq Dubai and AIX CSD will work together to facilitate the trading and settlement of securities that are dual listed on both exchanges. The operational link will allow market participants to hold shares in dual-listed securities within either CSD and trade them seamlessly on both platforms. This cross-border infrastructure will support fungibility and efficient transfer of securities between UAE and Kazakhstan, creating a more accessible investment environment for issuers and investors alike. The partnership aims to provide additional investment opportunities, enhance liquidity, and deepen capital market integration between the UAE and Central Asia. By supporting dual listings and streamlining securities settlement, both exchanges are paving the way for broader participation, improved operational efficiency, and access to capital flows across the two markets. Hamed Ali, CEO of Nasdaq Dubai and DFM, said, 'This collaboration with AIX CSD marks a significant advancement in our efforts to enhance cross-border capital markets infrastructure. By establishing a direct link between our central securities depositories, we are unlocking new opportunities for issuers and investors, facilitating dual listings, improving market accessibility, and enhancing market liquidity and accessibility. It reflects Nasdaq Dubai's commitment to building globally connected markets that deliver operational efficiency, seamless settlement, and expanded capital-raising potential and strengthens Dubai's growing stature as a trusted gateway for international investment.'' Assel Mukazhanova, CEO of Astana International Exchange (AIX), said, 'This is another positive development for the advancement of investment opportunities across the GCC and Central Asian regions. More importantly, the direct two-way link with Nasdaq Dubai CSD is issuer and investor driven.' The link represents a key milestone in advancing cross-border market collaboration and further strengthens the economic and financial ties between the UAE and Kazakhstan. By enhancing operational infrastructure and enabling seamless movement of capital, the partnership supports broader market participation and positions both Dubai and Astana as forward-thinking hubs in the global financial landscape.
Finextra
07-05-2025
- Business
- Finextra
Nasdaq Dubai and AIX introuce direct CSD link
Nasdaq Dubai, the region's international financial exchange, and AIX CSD, the central securities depository of Astana International Exchange, today announced the launch of a direct CSD link between the two markets. 0 The launch was announced during the Capital Market Summit 2025, hosted by Dubai Financial Market (DFM), marking a significant step in enhancing regional financial connectivity and enabling more efficient post-trade settlement for cross-listed securities. Under the MoU, Nasdaq Dubai and AIX CSD will work together to facilitate the trading and settlement of securities that are dual listed on both exchanges. The operational link will allow market participants to hold shares in dual-listed securities within either CSD and trade them seamlessly on both platforms. This cross-border infrastructure will support fungibility and efficient transfer of securities between UAE and Kazakhstan, creating a more accessible investment environment for issuers and investors alike. The partnership aims to provide additional investment opportunities, enhance liquidity, and deepen capital market integration between the UAE and Central Asia. By supporting dual listings and streamlining securities settlement, both exchanges are paving the way for broader participation, improved operational efficiency, and access to capital flows across the two markets. Hamed Ali, CEO of Nasdaq Dubai and DFM, said: 'This collaboration with AIX CSD marks a significant advancement in our efforts to enhance cross-border capital markets infrastructure. By establishing a direct link between our central securities depositories, we are unlocking new opportunities for issuers and investors, facilitating dual listings, improving market accessibility, and enhancing market liquidity and accessibility. It reflects Nasdaq Dubai's commitment to building globally connected markets that deliver operational efficiency, seamless settlement, and expanded capital-raising potential and strengthens Dubai's growing stature as a trusted gateway for international investment.'' Assel Mukazhanova, CEO of Astana International Exchange (AIX), said: 'This is another positive development for the advancement of investment opportunities across the GCC and Central Asian regions. More importantly, the direct two-way link with Nasdaq Dubai CSD is issuer and investor driven.' The link represents a key milestone in advancing cross-border market collaboration and further strengthens the economic and financial ties between the UAE and Kazakhstan. By enhancing operational infrastructure and enabling seamless movement of capital, the partnership supports broader market participation and positions both Dubai and Astana as forward-thinking hubs in the global financial landscape.
Zawya
07-05-2025
- Business
- Zawya
Nasdaq Dubai and AIX CSD launch direct CSD link, enabling seamless settlements and cross-border listings
Partnership enhances regional market connectivity and seamless post-trade settlement for issuers and investors Dubai, UAE – Nasdaq Dubai, the region's international financial exchange, and AIX CSD, the central securities depository of Astana International Exchange, today announced the launch of a direct CSD link between the two markets. The launch was announced during the Capital Market Summit 2025, hosted by Dubai Financial Market (DFM), marking a significant step in enhancing regional financial connectivity and enabling more efficient post-trade settlement for cross-listed securities. Under the MoU, Nasdaq Dubai and AIX CSD will work together to facilitate the trading and settlement of securities that are dual listed on both exchanges. The operational link will allow market participants to hold shares in dual-listed securities within either CSD and trade them seamlessly on both platforms. This cross-border infrastructure will support fungibility and efficient transfer of securities between UAE and Kazakhstan, creating a more accessible investment environment for issuers and investors alike. The partnership aims to provide additional investment opportunities, enhance liquidity, and deepen capital market integration between the UAE and Central Asia. By supporting dual listings and streamlining securities settlement, both exchanges are paving the way for broader participation, improved operational efficiency, and access to capital flows across the two markets. Hamed Ali, CEO of Nasdaq Dubai and DFM, said: 'This collaboration with AIX CSD marks a significant advancement in our efforts to enhance cross-border capital markets infrastructure. By establishing a direct link between our central securities depositories, we are unlocking new opportunities for issuers and investors, facilitating dual listings, improving market accessibility, and enhancing market liquidity and accessibility. It reflects Nasdaq Dubai's commitment to building globally connected markets that deliver operational efficiency, seamless settlement, and expanded capital-raising potential and strengthens Dubai's growing stature as a trusted gateway for international investment.'' Assel Mukazhanova, CEO of Astana International Exchange (AIX), said: 'This is another positive development for the advancement of investment opportunities across the GCC and Central Asian regions. More importantly, the direct two-way link with Nasdaq Dubai CSD is issuer and investor driven.' The link represents a key milestone in advancing cross-border market collaboration and further strengthens the economic and financial ties between the UAE and Kazakhstan. By enhancing operational infrastructure and enabling seamless movement of capital, the partnership supports broader market participation and positions both Dubai and Astana as forward-thinking hubs in the global financial landscape. About AIX: AIX was formed in 2017 within the Astana International Financial Centre development framework. AIX shareholders are AIFC, the Shanghai stock exchange, the Silk Road Fund, and NASDAQ, which also provides the AIX trading platform. The exchange operates within a regulatory environment based on the principles of English Law, thus providing a reliable investment environment. The mission of AIX is to develop an active capital market in Kazakhstan and the region by providing clear and favorable conditions for attracting financing to private and public businesses. AIX develops special segments for mining companies as well as infrastructure projects under the Belt and Road initiative. The Astana International Financial Centre (AIFC) is an independent jurisdiction that started (AIFC) is an independent jurisdiction with a favourable legal and regulatory environment and a developed infrastructure for starting and doing business, attracting investment, creating jobs and developing Kazakhstan's economy. About Nasdaq Dubai: Nasdaq Dubai is the international financial exchange serving the region between Western Europe and East Asia. It welcomes regional as well as global issuers that seek regional and international investment. The exchange currently lists shares, derivatives, Sukuk (Islamic bonds), conventional bonds and Real Estate Investment Trusts (REITS). The majority shareholder of Nasdaq Dubai is Dubai Financial Market with a two-thirds stake. Borse Dubai owns one third of the shares. The regulator of Nasdaq Dubai is the Dubai Financial Services Authority (DFSA).
