Nasdaq cements ties with Israeli exchange

Nov 26, 2007 @ 12:08 pm

By Aaron Siegel

The Nasdaq Stock Market Inc. and the Tel Aviv Stock Exchange have signed a Memorandum of Understanding to create a formal relationship between the two exchanges.

Under the terms of the agreement, Nasdaq and TASE will develop the channels of communication between the two markets and improve trading of companies traded on both exchanges.

On Tuesday, both exchanges, along with CIBC World Markets, will host the second annual Nasdaq TASE Israeli Investor Conference in New York to bring Israeli issuers together with U.S. investors.

The Nasdaq currently has 70 Israeli companies listed on the exchange, with a combined global market capitalization of over $60 billion.

The Tel Aviv Stock Exchange has approximately 633 listed companies and a total market capitalization of $208 billion.


What do you think?

View comments

Recommended for you

Featured video


Financial advisers highlight solutions to increase diversity and inclusion

These Excellence in Diversity & Inclusion award winners suggest short-term changes to help foster D&I in the financial advice profession.

Latest news & opinion

Dawn Bennett found guilty of $20 million Ponzi scheme

Jury took less than five hours to convict the former financial adviser and radio host.

10 advisory firm employee benefits you won't believe

Some advisory firms stand out for their creative efforts to keep their troops happy and engaged. Spa retreat, anyone?

Small-cap funds take a beating

For most of the year, the sector had outperformed, but that all changed last week.

SEC commissioner Stein suggests Congress address differing broker, adviser standards

She said lawmakers may have to change 'solely incidental' language that lets brokers give advice.

Social Security and the fear of missing out

How to lower expectations when clients think they're owed a bigger Social Security benefit.


Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting It'll help us continue to serve you.

Yes, show me how to whitelist

Ad blocker detected. Please whitelist us or give premium a try.


Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print