ADX and Mashreq Securities Partner to Introduce Seamless Digital Onboarding Process for Traders

Abu Dhabi Securities Exchange (ADX), a market for trading securities, has joined forces with Mashreq Securities, which is a wholly owned subsidiary of Mashreq and offers full brokerage services for all UAE equities, to simplify and streamline the digital onboarding process for Mashreq customers, enabling them to instantly obtain a National Investor Number (NIN).

Besides, customers can open a brokerage account with Mashreq Securities in real time online. Moreover, they are able to subscribe digitally to upcoming initial public offerings (IPOs) with ADX through the Mashreq mobile banking app.

"ADX is delighted to partner with Mashreq to provide its customers with quick and easy access to the growing number of securities listed on the Exchange."

"We are thrilled to partner with ADX for supporting the growth and accessibility to UAE’s capital markets through our mobile banking proposition that will offer a seamless digital experience to all our customers," noted Aladdin Al Deesi, Executive Vice President & Head of Mashreq Gold. "We are committed to supporting the vision of the UAE to build a strong infrastructure for its capital markets and investors."

At the beginning of the year, Mashreq has acquired a banking licence​ to commence operations in Pakistan.