ADX welcomes HSBC as its first international bank to act as a General Clearing Member
HSBC is the first international bank to act as a GCM and will support the post-trade clearing and settlement through the ADX’s infrastructure, reducing settlement risk and boosting liquidity across the exchange. This initiative underscores the continued confidence in the resilience and depth of the UAE’s financial markets. Following regulatory approvals, market participants can now connect to HSBC’s clearing services through AD Clear for their clearing needs. The expanded clearing offering supports reduced counterparty risk, improved settlement discipline, and a more scalable operating model as market participation grows. HSBC’s involvement demonstrates its international connectivity and affirms the ADX as a world-class partner and key investment gateway to the emirate’s stable, resilient, and growing economy characterized by long-term planning.
Abdulla Salem Alnuaimi, Group Chief Executive Officer of the Abu Dhabi Securities Exchange (ADX) Group, said: “Our partnership with a market leader such as HSBC is the latest example of how we are expanding our world-class post-trade infrastructure as we drive opportunity and sustainable economic growth. With HSBC on board as a GCM, we are broadening market access, supporting trading activity, and delivering even more efficient and secure market processing together. This facilitates the seamless connection of capital with compelling opportunities as we serve our role in fulfilling Abu Dhabi’s long-term vision of a sustainable, diversified, and high-value-added economy.”
Mohamed Al Marzooqi, Chief Executive Officer, UAE, HSBC Bank Middle East Limited, said: “This milestone reinforces the UAE’s position as a leading international financial hub, and will further strengthen connectivity between regional opportunities and international capital flows. As the first international GCM on ADX, we will continue playing a key role in broadening access for global investors to Abu Dhabi’s capital markets, and supporting the evolution of its post-trade infrastructure.”
HSBC has consistently delivered robust Direct Custody and Clearing (DCC) services in the UAE over the past 25 years, setting the benchmark for reliability, innovation, and client satisfaction. The bank was the first in the Emirates to provide DCC services to foreign institutional investors, and becoming a GCM now reinforces its pioneering role in the nation’s financial sector.
The exchange’s growing international reach and the rising confidence of global investors are clear, with institutional trading up 10% year on year in 2025 and foreign investment trading up nearly 14% over the same period. Supporting this growth, AD Clear provides comprehensive clearing and risk mitigation solutions that meet the highest industry standards. The scale of its operations indicates its role in preserving market integrity, clearing approximately AED 400 billion in 2025.
For more information, please contact:
Abdulrahman Saleh ALKhateeb
Manager of Corporate Communication
Abu Dhabi Securities Exchange (ADX)
Mobile: +971 (50) 668 9733
ALKhateebA@adx.ae
Ahmad Othman
+971503069313
ahmad.othman@hsbc.com
About Abu Dhabi Securities Exchange (ADX)
The Abu Dhabi Securities Exchange (ADX) was established on 15 November 2000 pursuant to Local Law No. (3) of 2000, which granted the exchange legal rights with independent financial and administrative status, as well as the necessary supervisory and executive powers necessary to carry out its functions. On 17 March 2020, the ADX was converted from a public entity into a Public Joint Stock Company (PJSC) in accordance with Law No. (8) of 2020.
The ADX Group, a market infrastructure group comprising the exchange (ADX) and its post-trade ecosystem, including its wholly owned subsidiaries AD Depository and AD Clear, was established. Through its integrated and globally aligned business structure, the ADX Group supports efficient, transparent, and resilient capital markets across trading, clearing, settlement, and custody.
The Group provides an efficient and regulated marketplace for the trading of securities, including equities issued by public joint-stock companies, bonds issued by governments and corporations, exchange-traded funds (ETFs), and other financial instruments approved by the UAE Capital Market Authority.
The ADX is the second-largest exchange in the Arab region by market capitalization. Its strategy of delivering stable financial performance through diversified revenue streams is aligned with the UAE’s national development agenda, “Towards the Next 50”, which aims to build a sustainable, diversified, and high-value-added economy.
About HSBC
HSBC Holdings plc
HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 56 countries and territories. With assets of US$3,233bn at 31 December 2025, HSBC is one of the world’s largest banking and financial services organisations.
About HSBC in the MENAT region
HSBC is the largest and most widely represented international banking organisation in the Middle East, North Africa and Türkiye (MENAT), with a presence in nine countries across the region: Algeria, Bahrain, Egypt, Kuwait, Oman, Qatar, Saudi Arabia, Türkiye and the United Arab Emirates. In Saudi Arabia, HSBC is a 31% shareholder of Saudi Awwal Bank (SAB), and a 51% shareholder of HSBC Saudi Arabia for investment banking in the Kingdom. Across MENAT, HSBC had assets of USD83bn as at 31 December 2025.
www.hsbc.ae