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The Abu Dhabi Securities Exchange (ADX) has partnered with Virtu Financial to launch the POSIT block-trading indications network for equities listed on the exchange. This initiative builds upon recent enhancements made by ADX to its Negotiated Block Trade facility, designed to offer institutional market participants higher execution efficiency and flexibility for large transactions.
The integration of Virtu's POSIT system allows institutional investors to source liquidity and execute substantial equity orders with minimized market impact. This move is expected to improve institutional participation, deepen order books, and provide better pricing mechanisms for large-scale block trades on Abu Dhabi's primary exchange.
Moving forward, the launch reflects a broader trend of Gulf exchanges modernizing their market infrastructure to match global trading standards. Market participants will watch whether the increased liquidity and reduced slippage attract higher foreign institutional capital inflows into UAE equities over the coming quarters.
