Abu Dhabi Bourse Launches Short-Selling to Boost Volumes in Illiquid Market
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Abu Dhabi Bourse Launches Short-Selling to Boost Volumes in Illiquid Market
Abu Dhabi Securities Exchange (ADX) said on Tuesday that it is starting short-selling on the UAE’s bourse as it seeks to boost trading volume and attract foreign investors to the illiquid market. Authorised brokers in Abu Dhabi and Dubai have already started introducing a so-called technical short-selling service.
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Short-selling wasn’t permitted in the UAE’s two markets and analysts have speculated that this is one of the reasons for falling trading volumes in recent years. In 2012, the UAE’s ... (read more)
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