ADX conducted workshops on the 24th and 25th of April on the implementation of delivery versus payment system (DVP) in its headquarter in Abu Dhabi in the presence of representatives from listed brokerage firms in ADX, custodians besides employees of ADX. The workshops aimed to facilitate the settlement procedures and acknowledge the concern stakeholders on how to employ the system effectively and efficiently which will be implemented starting from 28th of April 2011.
Rashed Al Baloushi, Deputy Chief Executive of ADX and Manager of Operations expressed his appreciation to all entities, institutions, organizations, and individuals who contributed & participated in supporting ADX developments and achievements during the year of 2011 and the previous year’s and who helped in promoting the market locally, regionally and internationally.