ISC Approves Rules for Iraq-Abu Dhabi Trading Platform Iraq-businessnews

The Iraq Securities Commission (ISC) has approved the membership requirements for Iraqi brokerage firms to trade through the Tabadul” platform on the Abu Dhabi Securities Exchange (ADX), as well as for foreign brokerage firms to trade via the platform on the Iraq Stock Exchange (ISX). The move forms part of the strategic linkage project between the two markets.

Chairman Faisal Al-Haimus (pictured) said the decision marks a new stage in the development of Iraq’s financial markets and strengthens their regional integration. He noted that the “Tabadul” platform will help expand investment opportunities, increase liquidity, improve trading efficiency, and attract foreign investment to the Iraqi market.

He added that the Commission remains committed to modernising the financial market environment and strengthening partnerships with Arab and international exchanges, in line with the government’s objectives of supporting the national economy and diversifying growth sources.

Al-Haimus emphasised that this approval is one in a series of strategic steps enhancing the position of the Iraq Stock Exchange as a promising regional investment destination.

Source