The Abu Dhabi Securities Exchange (ADX) has announced the onboarding of Thndr, a prominent retail investment platform in the MENA region, as its first remote retail trading member. This milestone reinforces ADX’s position as the UAE’s largest exchange, the second largest in MENA, and one of the top 20 exchanges globally.
A Hub71 start-up, Thndr ranks among the first fully digital investment platforms in the MENA region. The Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority (FSRA) regulates the platform, which is now poised to expand its footprint in the UAE after building a proven track record across regional markets.
In 2024, Thndr facilitated over USD 13 billion in trading value and executed 12 million trades. With more than four million downloads, access to three markets including the UAE, Egypt and the United States, and a diversified portfolio of asset classes including equities, gold, mutual funds and savings products, the platform continues to position itself as a comprehensive investment hub.
Through its mobile platform, Thndr users will soon gain direct access to some of the UAE’s most valuable listed companies and exchange-traded funds (ETFs). This advancement underscores ADX’s commitment to strengthening Abu Dhabi’s links to global capital markets.
Abdulla Salem Alnuaimi, Group Chief Executive Officer of ADX, commented: “ADX onboarding Thndr is a transformative step in creating tangible trading bridges across the region’s capital market. As the first exchange in the GCC to welcome Thndr, we are demonstrating our commitment to financial inclusion and our leadership in unlocking new investment opportunities in Abu Dhabi’s robust capital market. We are setting a benchmark for digital innovation and cross-border collaboration in financial services as we continue to be a key driver in Abu Dhabi’s transition to a knowledge and investment-led economy.”
The Remote Trading Member model enables individuals, international brokers and institutions to trade ADX-listed securities without a physical presence in the UAE. This approach aligns with global best practices, broadening and diversifying the investor base, attracting foreign capital, enhancing market liquidity and stimulating trading activity.
