Abu Dhabi Securities Exchange (ADX) appointed BNY Mellon to support dual listings on ADX by international companies. Through this collaboration, BNY Mellon will provide a bridge for ADX to connect to international exchange depositories (ICSDs), leveraging BNY Mellon's global presence. The initiative is part of ADX's strategy to work with reputable international capital market entities to build innovative solutions that help enhance market structure and capabilities.

The arrangement with BNY Mellon will serve international issuers to dual list their securities, initially from the US, to be then expanded to other global jurisdictions. It will additionally provide ADX investors new investment opportunities from global markets. ADX has embarked in recent years on multiple new initiatives to attract investors and boost market liquidity.

These include the introduction of a derivatives market in 2021, the introduction of a new benchmark FADX 15 Index, and the launch in 2022 of FADX 15 futures contract as the first index futures on its derivatives platform.