"Euro-Asian stock markets" calls for the modernization of "Block Qin"

Gulf 365 – Abu Dhabi – Abu Dhabi follow-up: "Gulf 365"

The Abu Dhabi Securities Exchange (ADX) has closed for two days the conference "ConFEAS 2018" organized by the market in cooperation with the European Federation of Asian Stock Exchanges (FEAS) under the heading "Enhanced trading techniques and technical systems for operations of settlement ".
The meeting focused on the need to upgrade the DLT and Block Qin application systems, which resulted in a series of recommendations presented by Ahmed Bin Saleh Al Marhoon, Chief Executive Officer of Muscat Securities Market and President of the European and Asian Stock Exchanges Federation.
These recommendations include the need for markets to attract more investors, upgrading DLT systems and blocks, which provide an important opportunity to improve the efficiency of the securities markets. securities, to develop digital services, to facilitate investors' access to services and to manage their transactions.
The Secretary General of the Federation, Konstantin Saroyan, launched the second day of the conference "ConFEAS", organized for the first time in 2018 by the Union of Euro-Asian Fellowships.
Rashed Al Baloushi, chief executive officer of the Abu Dhabi Stock Exchange (ADX), said: "Abu Dhabi has consolidated its position in the GFCI at the regional and global levels by occupying the 26th position in the world, which has surpassed the centers. financial institutions such as Geneva and Seoul and reached the second position of the Ibsos Global Cities 2017 report. These results confirm the progress made by the emirate at several levels, including the attractiveness of the business environment. , Infrastructure Development, Financial Compliance.
Al Balushi stressed the need to use modern technologies in the management of financial markets proactively, to develop financial infrastructure, improve governance systems and standards of disclosure and transparency to increase investor confidence and improve the performance of financial markets to achieve sustainable stock markets.
Konstantin Saroyan held the first dialogue session on the second day of the conference, attended by Ivan Takif, co-CEO and CEO of Bursa, and Ivan Schutriv, Managing Director of the Macedonian Stock Exchange, and Andrei Kosovak, Director of the Business Unit. capital and local capital markets. European Union for Reconstruction and Development.