Tel-Aviv Stock Exchange

Exchange entity Tel-Aviv Stock Exchange (TASE)
Conducts business in Israel
Number of listed companies (dec./16, WFE) 451
Domestic market capitalization (in Millions USD, dec./16, WFE) 215,007
Has signed the SSE Commitment Letter? No
Has prepared SSE Communication to Stakeholders? No
Requires comprehensive sustainability reporting as a listing rule? No
Offers sustainability guidance or training for companies? No
Offers sustainability guidance or training for investors? No
Provides sustainability-related indices? No
Additional Information
Organizational model of stock exchange
  • Private company for profit; demutualized in 2007
Regulatory bodies
  • Israel Securities Authority (ISA)
Regulatory model
  • Strong Exchange (SRO) Model The Tel-Aviv Stock Exchange (TASE) has strong regulatory jurisdiction when it comes to market operation. TASE's own rules govern membership, listing and registration of companies and securities, market Surveillance, and obligations of listed companies. Any additional regulation comes from the Israel Securities Authority, which acts as a second layer of regulation and market oversight.
About the stock exchange
  • Location: Tel Aviv, Israel The Tel Aviv Stock Exchange fulfils a major role in the Israeli economy and is a key  player in the nation's economic growth. It is the home turf on which corporate Israel raises capital to finance investments and activities, and for the government to bring the public into its companies as they are privatized. The state-of-the-art exchange is also home to the local investment community and securities sector. Today the market has become an advanced, top of the line venue for trading in securities of all types.  Multiple reforms have opened the Israeli market to the world, and brought the world to the Israeli investor. Yet the advanced technology and the sophistication of its wares, assure that the TASE will remain a vital trading arena for Israeli and foreign investors alike. Source