ADX and Southern African Exchanges Agree to Explore Tabadul Links
The Abu Dhabi Securities Exchange Group and the Committee of SADC Stock Exchanges signed a September 9 memorandum of understanding to explore whether participating southern African exchanges might connect to the Tabadul network. CoSSE is to coordinate exchanges interested in further discussion. This is an exploratory agreement about possible capital-market connectivity, not an announcement that a connection is operating or that any dispute forum has been selected.
PARADIGM INSIGHTS:
If cross-border trading links advance, the parties will need to decide how access, transaction records, applicable rules and disputes are handled across markets. Those questions are worth designing early, but the memorandum does not identify IDDR as a participant or establish a role for it.
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