By: Ramy Sameeh

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) is likely to introduce short selling service in March, according to bourse’s chief executive Rashed Al Baloushi.

The bourse is now coordinating with brokerages, and is about to approve the final regulations for short selling, he added on the sidelines of the annual conference of the Securities and Commodities Authority (SCA).

“We are ready to provide the new services that aim to diversify hedging and investment instruments,” Al Baloushi added.

Translated by: Julian Nabil