Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, has announced that it has secured approval to become a General Clearing Member (GCM) for UAE equity markets through the Abu Dhabi Securities Exchange (ADX). This makes Emirates NBD the first entity in the UAE to achieve GCM status.

The approval allows Emirates NBD to offer comprehensive clearing services to trading members across the UAE. As a GCM, Emirates NBD can now provide trading members with a suite of tools, products, and access to credit facilities to reduce operational complexities and improve cost efficiencies within the clearing process. 

This marks a critical step in bolstering the UAE’s dynamic stock markets, delivering additional clearing capacity and broadening the investment options available to participants as the UAE’s equity market continues to expand and attract investor confidence.

Hessa Al Mulla, General Manager, Emirates NBD Securities, said: “It is a pivotal moment for Emirates NBD to become first General Clearing Member through ADX. This milestone positions us at the forefront of market innovation at a time when the UAE equity market has been attracting substantial and growing investor interest. Our new ADX general clearing membership will open up this opportunity to Emirates NBD’s global network of clients. We are now uniquely equipped to provide trading members with unmatched access, fueling the growth and stability of the UAE capital market.”  

Abdulla Salem Alnuaimi, Group Chief Executive Officer of Abu Dhabi Securities Exchange (ADX), said: “We are delighted to welcome Emirates NBD Securities as the first General Clearing Member (GCM) on ADX. A key milestone that strengthens our post-trade infrastructure and improves access for investors. This step supports our ongoing efforts to enhance market efficiency, broaden participation and aligns with international best practices. It also reflects  Abu Dhabi’s growing role as a global financial centre and reinforces ADX’s position as a dynamic marketplace connecting regional and international capital with a wide range of investment opportunities.” 

With its GCM Status, Emirates NBD continues to strengthen its market leadership and its ability to deliver end-to-end trading solutions for individual and corporate investors.  

Source: Emirates NBD