Emirates NBD Becomes UAE’s First General Clearing Member for Equity Markets

Business

Emirates NBD Becomes UAE’s First General Clearing Member for Equity Markets

Emirates NBD, one of the Middle East, North Africa, and Türkiye (MENAT) region’s leading banking groups, has secured approval to become the UAE’s first General Clearing Member (GCM) for equity markets through the Abu Dhabi Securities Exchange (ADX).

The new status enables Emirates NBD to provide comprehensive clearing services to trading members across the country. As a GCM, the bank will offer an enhanced suite of tools, products, and access to credit facilities, aiming to streamline operational processes and reduce costs in the clearing cycle.

The development is expected to further strengthen the UAE’s capital markets by expanding clearing capacity and creating more investment opportunities for participants. It also comes at a time when the country’s equity market is experiencing strong growth and increasing investor confidence.

Hessa Al Mulla, General Manager of Emirates NBD Securities, highlighted the strategic significance of the milestone:

“It is a pivotal moment for Emirates NBD to become the 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 CEO of ADX, welcomed the move, noting:

“We are delighted to welcome Emirates NBD Securities as the first General Clearing Member 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 align 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.”

By attaining GCM status, Emirates NBD strengthens its leadership position in the UAE financial sector, offering end-to-end trading solutions for both individual and institutional investors, and supporting the country’s ambitions to be a leading global financial hub.