The Abu Dhabi Securities Exchange (ADX) has announced the inclusion of Thndr as its first remote retail trading member, granting access to UAE's capital for MENA investors.
Innovative Leap: First Digital Retail Access in GCC
The collaboration with Thndr opens new opportunities for digital retail access to investors in the GCC region. This development is expected to increase the participation of local and global investors in the market.
Precedent Set for GCC Fintech Integration
While similar integrations have occurred in the US and European markets, this event sets a precedent for the GCC, highlighting a growing trend toward democratizing investment access.
Reaction to the New Partnership and Future Prospects
According to Ahmad Hammouda, CEO of Thndr, this partnership aims to provide users with convenient access to invest in one of the region's most efficient markets while opening new avenues for investors.
Thndr's integration with ADX represents a significant step towards expanding access to financial markets for retail investors in the MENA region, reinforcing the role of fintech in transforming traditional finance.
