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Procedure to become an investor in Abu Dhabi?
The Clearing, Settlement, and Depository Department issues investors with an identification number known as an investor number (CSD). All transactions on the Abu Dhabi Securities Exchange (ADX), including clearing, settlement, and trading activities, can be started through this number.
Through one of the following service channels, investors may request the issuance of an investor number on the Abu Dhabi Securities Exchange:
- Sahmi digital platform (for Emirates ID card holders)
- Accredited Brokerage Firms
- Customer service offices at all branches of the Abu Dhabi Securities Exchange.
Documents Required
Individuals
- Original Emirates ID card
- Passport and ID card for foreigners not residing in the Emirates
- International Bank Account Number (IBAN) letter, providing that the bank account is solely in the name of the applicant and not a joint bank account.
Companies
- A valid trade license copy (original for review )
- Company’s Board of Director members list for the last certified/audited period
- A Letter with the list of all authorized signatories
- Company incorporation contract
- International Bank Account Number (IBAN) letter
Investment Portfolio
- Letter of Approval issued by the Central Bank of the United Arab Emirates to start portfolio activity
- A copy of the commercial license of the issuer of the portfolio
- List of names and signatures of authorized people from the portfolio, with clarification of powers
- Portfolio Prospectus
- International Bank Account Number (IBAN) lette
Free Zone
- A copy of the free zone license
- A list of the company’s board members for the last certified period
- A letter with the list of authorized signatories
- International Bank Account Number (IBAN) letter.
How to trade?
- The Abu Dhabi Securities Exchange for obtaining an investor number.
- Choosing and appointing a broker through:
- Review the list of authorized brokerage firms on the Abu Dhabi Securities Exchange website before making your decision.
- Start trading by putting in orders to purchase and sell shares. The investor can then track the movement of the shares using trading screens inside the Exchange, the Exchange’s official website, or applications supplied by brokerage firms, and decide whether to buy or sell.
- Use the brokerage company’s official website to place sell and buy orders or download their mobile application.
- Inform a broker that you have placed an order by speaking with him in person or via phone.
