Abu Dhabi Securities Exchange (ADX) (formerly Abu Dhabi Securities Market) is a stock exchange in Abu Dhabi. It was established in 2000 to trade shares of UAE companies and aims to lead the development of the capital market in the UAE and the region through a well-regulated marketplace in a lawful environment that ensures integrity, transparency and disclosure. ADX serves the domestic cash equity market and has more than 60 listed companies with a market capitalisation of $136 billion. ADX is a full member in the World Federation of Exchanges and is the youngest stock market to become a full member at that organisation.