The CEO of Abu Dhabi Securities Exchange (ADX), Mr. Rashed Al Baloushi, received the “Government CEO Excellence” Award at the 11th Leading CEO Awards ceremony held on the 17th of April 2014 at the Burj Al Arab Hotel in Dubai.
The award ceremony, organized by the Middle East Excellence Awards Institute, recognizes some of the region’s most outstanding leaders of government and business organizations.
During Mr. Al Baloushi’s tenure as Chief Executive, ADX has adopted a significant number of global best practice rules and regulations. ADX was also inducted as a member of the World Federation of Exchanges (WFE) in 2012, and on 17th April successfully launched the world standard trading platform, X-Stream, developed by NASDAQ OMX, and the first exchange in the region to run the in-memory vetting model of X-Stream trading.