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Topic: Tel Aviv Stock Exchange


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In the News (Sun 8 Nov 09)

  
  Tel Aviv
In 1910, the name was changed to Tel Aviv, meaning "hill of spring." The name was taken from Ezekiel 3:15, "...and I came to the exiles at Tel Aviv," and from a reference in Herzl's novel Altneuland, in which he foresaw the future Jewish state as a socialist utopia.
The population of Tel Aviv gradually swelled, particularly as Jews were stimulated to leave predominantly Arab Jaffa by unrest in the 1920s.
Tel Aviv University is in the suburb of Ramat Aviv.
www.jewishvirtuallibrary.org /jsource/vie/Telaviv.html   (1428 words)

  
 Tel Aviv Stock Exchange - Wikipedia, the free encyclopedia
The precursor to the TASE was the Exchange Bureau for Securities, founded by the Anglo-Palestine Bank (which became Bank Leumi) in 1935.
In 1983 the exchange moved to its current location in Tel Aviv.
TASE links to the US markets with a direct link with DTC, a subsidiary of The Depository Trust and Clearing Corporation, which facilitates the trading of dually listed securities.
en.wikipedia.org /wiki/Tel-Aviv_Stock_Exchange   (580 words)

  
 Tel Aviv Stock Exchange to Present at the European Derivatives Exhibition Business Wire - Find Articles   (Site not responding. Last check: 2007-10-13)
The Tel Aviv Stock Exchange announced that it will attend the FOW's 11th European Derivatives Exhibition, to be held at the Barbican Centre in London on June 21 and 22, 2001.
"The Tel Aviv Stock Exchange is proud to participate in the European Derivatives Exhibition, as part of its effort to raise the global profile of derivatives trading in Tel Aviv," said Dror Shalit, Senior Vice President, head of the TASE trading and clearing department.
The Tel Aviv Stock Exchange, founded in 1953, is owned by its 28 member firms and is regulated by the Israel Securities Authority.
www.findarticles.com /p/articles/mi_m0EIN/is_2001_June_5/ai_75272435   (363 words)

  
 NASDAQ and the Tel Aviv Stock Exchange Host Investor Program in New York : ArriveNet Press Releases : Business   (Site not responding. Last check: 2007-10-13)
TEL AVIV, Israel and NEW YORK, Sept. 11, 2006 (PRIMEZONE) -- The Nasdaq Stock Market, Inc. (NASDAQ(r)) (Nasdaq:NDAQ) and the Tel Aviv Stock Exchange will host its first-ever joint Investor Program in New York on September 14th, 2006.
In this unique event with the TASE, we are delighted to be realizing the long-term commitment we have to the Israeli market by providing our Israeli companies with access to top institutional investors in the U.S. and by helping them increase their visibility in the U.S. capital markets," said Charlotte Crosswell, Head of NASDAQ International.
Founded in 1953, The Tel Aviv Stock Exchange operates at the heart of the Israeli economy.
press.arrivenet.com /business/article.php/846571.html   (729 words)

  
 ISA's bid to host IOSCO Annual Conference 2009 - Tel Aviv, Israel
We are pleased to announce that the Israel Securities Authority is hereby applying to host the 34th IOSCO Annual Conference to be held in 2009.
Tel Aviv is Israel’s economic and financial centre housing the Tel Aviv Stock Exchange and Israel's financial community.
The Tel Aviv beachfront is a prime venue for international conventions and has both the facilities and the services required to produce unforgettable conferences in a great setting.
www.telaviv2009.org /index.html   (219 words)

  
 PRESS RELEASE Top Image Systems to Dual-List on The Tel Aviv Stock Exchange   (Site not responding. Last check: 2007-10-13)
TEL AVIV, ISRAEL -- (MARKET WIRE) -- November 29, 2006 -- Top Image Systems Ltd. (NASDAQ: TISA) (the "Company") today announced that it has received approval to dual-list its ordinary shares for trading on the Tel Aviv Stock Exchange.
The Company's shares are scheduled to begin trading on the Tel Aviv Stock Exchange on December 3, 2006 and will continue to be listed concurrently on the Nasdaq Capital Market.
Copies of the Company's registration document are available to the public at the Company's offices at 2 Habarzel Street, Ramat Hachayal, Tel Aviv, Israel, during normal business hours, at the library of the Tel Aviv Stock Exchange and on the website of the Israel Securities Authority at: www.magna.isa.gov.il.
www.marketwire.com /mw/release_html_b1?release_id=189284   (366 words)

  
 Tel Aviv Stock Exchange
Trading in each arena is sequential: the auctioneer announces the name of each security in turn, and exchange members carry out their trading in this security, until all shares in the arena have been traded.
First, if a purchase and the attendant foreign exchange are effected directly with the subcustodian, the trade execution notice allows sufficient time to cover the NIS purchase with the local currency of the investor on T+1.
An off-floor transaction is simply matching instructions input by the receiver and the deliverer of the securities to the TASE Clearing House, which ensures that cash and securities move within a closed circuit.
www.buttonwood.com /p-i/yrbook96/in-depth/tase.html   (827 words)

  
 Israel - Tel Aviv Stock Exchange, International Stock Exchanges, South Africa, Financial Information
Since the mid-1990s the Tel Aviv Stock Exchange (www.tase.co.il) has become a focus of interest for international investors.
The TASE, recognizing the needs of the international investment community, has responded with a number of technological improvements, putting itself on an equal footing with the world's most advanced stock exchanges.
The TASE is an active member of both the International Federation of Stock Exchanges (FIBV) and the International Options Markets Association (IOMA).
www.profile.co.za /fmd/data/M00959/M00959.ASP   (251 words)

  
 Camtek - Intelligent Imaging - CAMTEK LTD. REQUESTS THE TEL AVIV STOCK EXCHANGE TO DELIST SHARES
The delisting will become effective within 90 days from today, during which time the shares will continue to be traded on the Tel Aviv Stock Exchange.
Rafi Amit, Camtek's CEO, commented: "Since the Company's shares were dual-listed on the Tel Aviv Stock Exchange in December 2001, there has been virtually no trading on the TASE, and all of the trading has been on Nasdaq.
After the delisting of the Company's shares from the TASE, the Company will not be subject to any reporting requirements in Israel.".
www.camtek.co.il /php/content/view/97/144   (261 words)

  
 Press Release - Compugen to Be Listed on the Tel Aviv Stock Exchange   (Site not responding. Last check: 2007-10-13)
Tel Aviv, Israel - December 26, 2001 - Compugen Ltd. (NASDAQ: CGEN) today announced that it has obtained approval to list its shares for trading on the Tel Aviv Stock Exchange (TASE).
This reflects the recent growth of the biotechnology industry in Israel which is an indication of the significant market potential of this field," said Mor Amitai, Ph.D., president and chief executive officer, Compugen.
Some of these risks are: changes in relationships with collaborators; the impact of competitive products and technological changes; risks relating to the development of new products; the ability to implement technological improvements; the ability of Compugen to obtain and retain customers.
www.cgen.com /news/press/press122601.html   (493 words)

  
 Stock tempest batters exchange in Tel Aviv
The gloom plaguing the world financial markets caused the Tel Aviv exchange to drop by more than 2 percent Sunday, Aug. 30.
For the month of August, the value of stocks traded on the exchange fell by nearly 10 percent.
Ofra Strauss-Lahat, vice president of the Elite-Strauss Group, predicted that foreign investors would regard Israel as part of the world's developing economies and would divest their holdings on the Tel Aviv Stock Exchange.
www.jewishaz.com /jewishnews/980904/stock.shtml   (331 words)

  
 Finextra: Tel Aviv Stock Exchange upgrades back-up systems
The Tel Aviv Stock Exchange has upgraded and relocated its contingency facilities to ensure trading and clearing will continue to function in the event of an emergency at the company's main premises.
A new facility, located outside Tel Aviv, will provide full services to members and investors during extended emergencies, when operation of computers within the Tase's building may be impossible for long periods, says the exchange.
She adds that the exchange is currently installing a wireless communications system which, should circumstances dictate, would take over from the fixed-line communications used during normal trading.
www.finextra.com /fullstory.asp?id=4244   (216 words)

  
 Tel Aviv Stock Exchange   (Site not responding. Last check: 2007-10-13)
Since August 1993, options on the Maof-25 Index, the index of the twenty five shares with the highest market value, have also been traded on the Tel Aviv Stock Exchange.
The traded options are of both the call and the put types, and they may be exercised only on their expiration date ("European Options").
The Tel Aviv Stock Exchange Web site is located at www.tase.co.il.
www.buttonwood.com /emlinks/dir06-05.html   (265 words)

  
 Deutsche Bank Applies for Tel-Aviv Stock Exchange Membership Business Wire - Find Articles
Deutsche Bank's decision to join the TASE conveys a message of strong confidence in Israel and in the TASE to the global financial markets," Prof.
The exchange trades shares, fixed-income instruments and derivatives on a single, fully automated, trading platform.
The Tel-Aviv Stock Exchange, founded in 1953, is owned by its 24 member firms and is regulated by the Israel Securities Authority.
www.findarticles.com /p/articles/mi_m0EIN/is_2004_June_23/ai_n6086037   (543 words)

  
 Citigroup Opens Trading at the Tel Aviv Stock Exchange   (Site not responding. Last check: 2007-10-13)
Ralph Shaaya, managing director, Citigroup Israel, said: “Becoming a member of the Tel Aviv Stock Exchange is a natural step for Citigroup.
TASE’s CEO, Ester Levanon, said that the Tel Aviv Stock Exchange had recently become aligned with the other Western Stock Exchanges.
Citigroup, the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management.
www.citibank.com /citigroup/press/2006/061107b.htm   (253 words)

  
 Crystal To Be "Dual-Listed": NASDAQ & Tel Aviv Stock Exchange -- TASE
Crystal's Board of Directors had decided to commence the fast-track dual listing process to be finalized in January 2001, subject to the authorization of the Tel Aviv Stock Exchange--the TASE.
From that time, Crystal will be traded on the Tel Aviv Stock Exchange along with New York's NASDAQ.
This, I believe, meets their expectations for Crystal's stock to be available for trading through a longer trading day and to be exposed to more investors".
www.formulasystems.com /FormulaSystems/press/2000/pr122600.htm   (421 words)

  
 TheStreet.com: Polycom lists on the Tel Aviv Stock Exchange
Despite Polycom's high market value, at this stage it will not be trading on the Maof-25 index of blue chips because of the tax imposed on capital earnings generated by investment in the equity of foreign firms.
TASE economic division manager Ronit Harel Ben-Zeev welcomed Polycom's Tel Aviv listing.
The TASE has recently filed a request with the Tax Authority to give the same tax status to both Israeli and foreign companies, and it looks as though the Authority is willing to consider this.
www.thestreet.com /tech/themarker/1298229.html   (231 words)

  
 Market Microstructure and Securities Values: Evidence from the Tel Aviv Stock Exchange
Stocks on the Tel Aviv Stock Exchange were transferred gradually from a daily call auction to a mechanism where the call auction was followed by iterated continuous trading sessions.
The cumulative average market-adjusted return over a period that started five days prior to the announcement and ended 30 days after the stocks started trading by the new method was approximately 5.5%.
In addition, we find positive liquidity externalities (spillovers) across related stocks, and improvements in the value discovery process due to the improved trading method.
ideas.repec.org /p/fth/nystfi/98-004.html   (508 words)

  
 Finextra: Tel Aviv Stock Exchange revamps Web site
The Tel Aviv Stock Exchange is upgrading its online services to the general public with a new website.
The site includes a wide range of information on the TASE itself and on Israel's capital market in general, presented for the convenient access of the various target markets.
It is a complex system that accesses large amount of real-time data on the stock exchange trading systems and other computerized systems, while presenting results in a friendly, inventive manner," she said.
www.finextra.com /fullpr.asp?id=9830   (467 words)

  
 Aladdin Knowledge Systems to Dual-List on Tel Aviv Stock Exchange   (Site not responding. Last check: 2007-10-13)
On Thursday, July, 22nd, TASE will issue Aladdin registration documents.
Aladdin's company valuation on NASDAQ currently stands at around $200 million, enabling Aladdin to join the Tel Aviv 100 and Tel-Tech indices.
Aladdin's revenues grew in the second quarter of 2004 compared to the same quarter last year by 27% to $16.52 million following an increase in sales and expansion of product lines into new markets.
www.aladdin.com /news/2004/corp/Tel-Aviv-Stock-Exchange.asp   (295 words)

  
 Top Image Systems to Dual-List on The Tel Aviv Stock Exchange - Nov 29, 2006   (Site not responding. Last check: 2007-10-13)
TEL AVIV, ISRAEL -- (MARKET WIRE) -- 11/29/06 -- Top Image Systems Ltd.(NASDAQ: TISA) (the "Company") today announced that it hasreceived approval to dual-list its ordinary shares fortrading on the Tel Aviv Stock Exchange.
The Company's sharesare scheduled to begin trading on the Tel Aviv StockExchange on December 3, 2006 and will continue to be listedconcurrently on the Nasdaq Capital Market.
Copies of the Company's registration document are availableto the public at the Company's offices at 2 Habarzel Street,Ramat Hachayal, Tel Aviv, Israel, during normal businesshours, at the library of the Tel Aviv Stock Exchange and onthe website of the Israel Securities Authority at:www.magna.isa.gov.il.
www.empirerelations.com /press/pub/it/news_00027636.shtml   (382 words)

  
 NASDAQ and The Tel Aviv Stock Exchange to Host First Ever Joint Investor Program in New York : ArriveNet Press Releases ...   (Site not responding. Last check: 2007-10-13)
What: The Nasdaq Stock Market, Inc. (NASDAQ(r)) (Nasdaq:NDAQ) and the Tel Aviv Stock Exchange will host its first ever joint Investor Program in New York on September 14th 2006.
Following the Investor Program, The Tel Aviv Stock Exchange and participating Israeli companies will preside over the closing bell to celebrate this first ever joint Investor Program in New York.
Stanley Fischer, the Governor of the Bank of Israel, Saul Bronfeld, TASE Chairman of the Board and the senior management of participating Israeli companies.
press.arrivenet.com /business/article.php/845012.html   (689 words)

  
 Camtek - Intelligent Imaging - CAMTEK LTD. DUAL-LIST FOR TRADING ON THE TEL-AVIV STOCK EXCHANGE TAKES EFFECT DECEMBER ...
As noted in Camtek's press release of November 12, 2001, dual listing was enabled by a new amendment to the Israel Securities Law that became effective in October 2000.
The law allows companies whose shares currently trade on U.S. capital markets to be listed on the Tel Aviv Stock Exchange as well.
Reporting requirements mandated by the TASE and the Israel Securities Authority for such dual-listed companies are basically identical to those required by the U.S. Securities and Exchange Commission of foreign companies.
www.camtek.co.il /php/content/view/86/130   (269 words)

  
 SSRN-Allocations, Adverse Selection and Cascades in IPOs: Evidence from the Tel Aviv Stock Exchange by Yakov Amihud, ...
This paper examines three theories of IPO underpricing, using data from Israel where the allocations to subscribers are equally prorated and publicly known.
Also supported is the proposition that underpricing is a means to increase ownership dispersion.
Amihud, Yakov, Hauser, Shmuel and Kirsh, Amir, "Allocations, Adverse Selection and Cascades in IPOs: Evidence from the Tel Aviv Stock Exchange" (January 2002).
papers.ssrn.com /sol3/papers.cfm?abstract_id=293719   (328 words)

  
 Israel : Apparel maker Tefron's shares to trade on Tel Aviv Stock Exchange - Textile Fashion News Fibre2Fashion   (Site not responding. Last check: 2007-10-13)
Misgav based boutique-quality everyday intimate apparel manufacturer Tefron Ltd announced that its shares were approved for listing on the Tel Aviv Stock Exchange (TASE).
Trading of the company's shares on the TASE is expected to begin on September 28, 2005.
The listing on TASE is in addition to the listing on the New York Stock Exchange where Tefron shares trade under the symbol "TFR".
www.fibre2fashion.com /news/textile-news/newsdetails.aspx?news_id=5314   (349 words)

  
 Tel-Aviv Stock Exchange Ltd. (Services) | Business solutions from AllBusiness.com
The Tel-Aviv stock exchange introduced options on the MAOF-25 index, composed of the 25 most actively traded shares, on Aug. 1.
The following pages provide exchange and contract information for most of the world's futures and options exchanges, listed by country in alphabetical order.
Cross-border alliances among exchanges, clearinghouses and regulators have turned the concept of competition on its head and enabled even the lowliest of us to act like global hedge funds.
www.allbusiness.com /tel-aviv-stock-exchange-ltd/3287521-1.html?sort=   (699 words)

  
 Comsec Ltd raises $10.2 million (39.9 million NIS)
in IPO on Tel Aviv Stock Exchange
  (Site not responding. Last check: 2007-10-13)
TEL AVIV, Israel, March 17, 2000 - Comsec Information Security Ltd., a leading consulting firm based in Israel, raised $10.2 million (39.9 million NIS) at 26.6 NIS per share, in an initial public offering on the Tel Aviv Stock Exchange on March 14.
On December 29, 1999, Aladdin Knowledge Systems, based in Tel Aviv, Israel, had acquired a 10 percent interest in Comsec, to enable the two companies to better integrate Aladdin's authentication and content protection products, such as eToken and eSafe, into large corporate enterprises.
Comsec is a leading information security consulting firm helping corporations implement security into their information technology infrastructure.
www.aladdin.com /news/2000/corp/Comsec.asp   (334 words)

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