Frequently Asked Questions
Frequently Asked Questions
Everything you need to know about Tabadul and cross-market trading.
A platform established by ADX in 2022, based on the mutual market access model at the regional and global levels. Tabadul aims to improve cooperation and increase liquidity in the participating markets, by enabling trading across the markets.
Both individuals and institutional investors can trade in the members markets via Tabadul.
Investors can access foreign exchanges through their local brokers. The local broker in each exchange carries out customer due diligence procedures (KYC) in accordance with the conditions and mechanisms established for this purpose.
The Jordanian broker can trade on behalf of clients in ADX either through an omnibus account or by opening individual accounts. In contrast, the Emirati broker can trade for its clients on the ASE only through individual accounts. Additionally, an investor can use their local broker's applications to trade in the other exchange.
According to the list of companies determined by each exchange that is a member of the platform.
Each exchange determines the conditions that brokers must meet in order to join Tabadul. To view the list of local and foreign brokers participating in the Tabadul platform, please click on this link.
Currently, trading in ADX is available through a Jordanian broker, and trading in the ASE is available through an Emirati broker.
| Exchange | Trading Hours |
|---|---|
| ASE (Amman Stock Exchange) | Sunday to Thursday from 10:00 till 13:45 (GMT+3) |
| ADX (Abu Dhabi Securities Exchange) | Monday to Friday from 09:30 till 15:00 (GMT+4) |
Securities are traded in accordance with the currency approved for trading in each exchange. Investors should be aware of the different currencies in the participating exchanges and understand exchange rate conversions when trading in these exchanges.
There is no minimum amount required for trading via Tabadul.
Trading through Tabadul is subject to the trading commissions and applicable taxes in each exchange.
The fees and charges imposed on brokers for joining Tabadul are subject to the principle of reciprocity. Currently, the ASE does not impose any fees for this.
Trading transactions on Tabadul follow the settlement cycle adopted by each participating exchange:
- ASE: T+2
- ADX: T+2