ADX approves first ever cross-listing of US ETFs in the UAE
Abu Dhabi Securities Exchange now hosts two US ETFs - Kraneshares' China Internet ETF, and its Global Carbon Strategy Fund. Anthony Sassine, CEO of Oceane Invest and the market maker behind the listings - says the move unlocks easier access for regional investors, allowing them to trade major global ETFs in local hours and in local currency. He expects more global asset managers to bring products to the Gulf in the coming years.
Abu Dhabi Securities Exchange now hosts two US ETFs - Kraneshares' China Internet ETF, and its Global Carbon Strategy Fund. Anthony Sassine, CEO of Oceane Invest and the market maker behind the listings - says the move unlocks easier access for regional investors, allowing them to trade major global ETFs in local hours and in local currency. He expects more global asset managers to bring products to the Gulf in the coming years.
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