Abu Dhabi Securities Exchange today announced the results of its Stakeholder Satisfaction Surveys and Market Sentiment Index

Wednesday, 13 January 2010

Abu Dhabi Securities Exchange (ADX) today announced the results of its Stakeholder Satisfaction Surveys and Market Sentiment Index. In early December ADX developed and issued separate E-questionnaire surveys for its direct market users, i.e. brokers, listed companies, custodians and registrars as well as a separate survey for investors. The survey has two distinct parts, one aimed at assessing market structure, market maturity and market sentiment, and the second posing questions with regard to satisfaction levels. The results of the surveys will be used to further develop good working relationships with key stakeholders.

Rashed Al Baloushi, ADX Deputy Chief Executive, said, “We are delighted to further the dialogue with our direct market user and investment community stakeholders. It is essential that we consult with them as we roll out our strategy in support of the Abu Dhabi Economic Vision 2030. The use of market sentiment and satisfaction indices form a solid benchmark on which we can plan as we strive to develop further our relations with key stakeholders.”

The policy, survey questions and methodology were designed within ADX. The questionnaire structure had to accommodate launching this benchmarking initiative, coming immediately after one of the biggest global financial crises in history. ADX also wanted to understand more about stakeholder perceptions of market structure, maturity and market sentiment towards the economic outlook as well as satisfaction levels. The survey has produced a large amount of valuable information which will take time to digest; that said the results are being released to begin discussions with ADX stakeholders on the basis of the benchmarks established by the indices set out below.