ADQ establishes Q Market Makers to improve ADX liquidity

SectorFinancial Markets
CountryUnited Arab Emirates

UAE - Mubasher: ADQ has launched Q Market Makers (QMM) to enhance liquidity at the Abu Dhabi Securities Exchange (ADX), according to a press release on Sunday.  The Market maker will facilitate trading activity and improve liquidity at the ADX to attract order flow and listings by providing a credible platform for companies to raise capital and expand their shareholders base. The QMM will have access to the funding allocated for market marking, at the beginning of 2020, as part of the Abu Dhabi Economic Stimulus Package to ensure liquidity in the capital markets. The Member of the Abu Dhabi Executive Council and Chairman of the ADX, Mohamed Ali Al Shorafa Al Hammadi, said: "Market making is a key pillar of the more...