Abu Dhabi Securities Market (ADSM) and Bahrain Stock Exchange (BSE) signed yesterday a Memorandum of Understanding (MOU) in Manama, the capital of Bahrain. The MoU was signed by Rashed Al Baloushi Acting Director General of ADSM, and Fouad A. Rahman Rashid, Director of Bahrain Stock Exchange, reported the UAE news agency "WAM" today. The MoU is designed to enhance and strengthen cooperation between the two markets especially in the matters related to depository, clearing & settlement of securities that are allowed to deal in both Bahrain and the United Arab Emirates.