• ADX onboards Thndr as the GCC’s first remote retail trading member, enabling direct access to UAE-listed securities and ETFs.
• Remote Trading Members expand market participation, allowing global investors to trade ADX securities without physical presence, following global best practices.
• Partnership supports ADX initiatives like Tabadul, fostering cross-border collaboration, attracting foreign investment, and boosting market liquidity in Abu Dhabi.

Thndr

The Abu Dhabi Securities Exchange (ADX) has onboarded Thndr as the first remote retail trading member. This announcement was made during a special event at the ADX’s headquarters in Abu Dhabi.

Launched in Egypt in 2020, Thndr is one of MENA’s first fully digital investment platforms. It has since transformed investing in the region through leveraging technology to provide a modern and seamless investment solution. This is all to aid users in growing their wealth through a variety of products.

Abdulla Salem Alnuaimi, Group Chief Executive Officer of the ADX, said: “ADX onboarding Thndr is a transformative step in creating tangible trading bridges across the region’s capital market. As the first exchange in the GCC to welcome Thndr, we are demonstrating our commitment to financial inclusion and our leadership in unlocking new investment opportunities in Abu Dhabi’s robust capital market.”

Remote Trading

Thndr users will soon be able to invest directly in some of the most valuable listed companies and exchange-traded funds (ETFs) in the UAE. This will be done through its mobile investment platform. This is a step forward in ADX’s commitment to connecting Abu Dhabi to global capital. 

“This partnership gives our users the chance to invest in one of the region’s strongest-performing markets over the past 5, 10, and 15 years, while also opening doors to exposure within MENA through Tabadul as well as beyond MENA.” said Ahmad Hammouda, Co-founder and CEO of Thndr.

Additionally, Remote Trading Members allow more individuals, international brokers, and institutions to buy and sell ADX-listed securities without the need for physical presence in the UAE. This is in line with many international practices. 

Additionally, Remote Trading Members allow more individuals, international brokers, and institutions to buy and sell ADX-listed securities. This can be done without the need for physical presence in the UAE and is in line with many international practices. Furthermore, this aims to foster and diversify the investor base, attract foreign investment, improve liquidity, and drive more trading activity.

Moreover, the onboarding of Thndr supports ADX’s key initiatives, such as the Tabadul platform. Tabadul is the first digital exchange center in the region that is based on the mutual market access model. It also complements partnerships with global exchanges through fostering innovation, enabling knowledge transfer, and advancing cross-border collaboration.