UAE – Mubasher: Nasdaq Dubai and AIX CSD, the central securities depository of Astana International Exchange (AIX) from Kazakhstan, have launched a direct central securities depository (CSD) link between the two markets, according to a press release.
The new CSD link between the region’s international financial exchange and AIX was announced during the Capital Market Summit 2025, which is hosted by Dubai Financial Market (DFM) and concluding today, 7 May.
Meanwhile, the memorandum of understanding (MoU) between the two markets signals a significant step in enhancing regional financial connectivity and enabling more efficient post-trade settlement for cross-listed securities.
The, CEO of Nasdaq Dubai and DFM, Hamed Ali, said: “By establishing a direct link between our central securities depositories, we are unlocking new opportunities for issuers and investors, facilitating dual listings, improving market accessibility, and enhancing market liquidity and accessibility.”
Ali noted: “It reflects Nasdaq Dubai’s commitment to building globally connected markets that deliver operational efficiency, seamless settlement, and expanded capital-raising potential and strengthens Dubai’s growing stature as a trusted gateway for international investment.’’
Nasdaq Dubai will work with AIX CSD to facilitate the trading and settlement of securities that are dual listed on both exchanges. The operational link will allow market participants to hold shares in dual-listed securities within either CSD and trade them seamlessly on both platforms.
This cross-border infrastructure will support fungibility and efficient transfer of securities between the UAE and Kazakhstan, creating a more accessible investment environment for issuers and investors alike.
The partnership aims to provide additional investment opportunities, enhance liquidity, and deepen capital market integration between the UAE and Central Asia. Both exchanges are paving the way for broader participation, improved operational efficiency, and access to capital flows across the two markets.
Assel Mukazhanova, the CEO of AIX, said: “This is another positive development for the advancement of investment opportunities across the GCC and Central Asian regions. More importantly, the direct two-way link with Nasdaq Dubai CSD is issuer and investor driven.”
On the first day of the summit, DFM joined forces with Taiwan Stock Exchange (TWSE) to create a framework for closer cooperation between the two capital markets while facilitating cross-border investments.
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