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Abu Dhabi Securities Exchange (ADX) was established on 15th of November 2000 by Local Law No. (3)
of 2000, the provisions of which vests the Market with a legal entity of autonomous status,
independent finance and management, and gives ADX the necessary supervisory and executive powers
to exercise its functions.
Moreover, ADX has the authority to establish centers and branches outside the Emirate of Abu
Dhabi, and so far it has done so in Al Ain, Zayed City, Fujairah, Ras Al Khaimah and
ADX's board of directors is comprised of seven members nominated by Amiri Decree. The members of
the board hold office for a term of three years. The first board of directors was constituted by
Amiri Decree No. (8) of 2000.
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