ADX welcomes Emirates NBD Capital as a custodian – Gulf Today

ADX welcomes Emirates NBD Capital as a custodian – Gulf Today

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Abu Dhabi Securities Exchange (ADX) has appointed Emirates NBD Capital as a custodian, as part of its efforts to expand its custodial services.

Emirates NBD Capital obtained its custody licence from the UAE Securities and Commodities Authority (SCA). Emirates NBD Capital is the global investment banking arm of Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region. It has partnered with BNY Mellon, the world’s biggest custodian bank, to offer custody services to its clients.

As a licensed custodian, Emirates NBD Capital provides safe and secure solutions for investors to hold securities, such as stocks, bonds or other assets. Custody services is an extension of Emirates NBD securities broader suite of security services. The Group’s alliance with BNY Mellon will also provide Emirates NBD customers access to BNY Mellon’s global custody, asset servicing, data