In its Thursday, 23 May 2013 meeting, the Tel Aviv Stock Exchange (TASE) Board of Directors approved an extension of TASE trading hours, which will come into effect on 16 June, 2013.
On Monday through Thursday, trading hours in equities and bonds will be extended to 17:25 and in derivatives to 17:35. The rest of the trading schedule will remain unchanged.
"The extension of trading hours is part of our ongoing efforts to render TASE an attractive and highly accessible venue for foreign investors" Said Ester Levanon, TASE CEO “by aligning TASE trading hours with those of leading European exchanges, and create an hour overlap with trading in New York. We believe it will promote higher trading volume, encourage arbitrage trading by local and foreign investors and improve liquidity”.
The revised trading schedule, scheduled to come into effect on 16 June 2013, is summarized in the tables below: