TASE Site - Corporate Fact Sheet

|

Advanced Search

Printer Friendly Version

Market Data

Products

Trading & Clearing

Listings

News & Events

Statistics

Publications

Rules & Regulations

About TASE

Vision & Strategy

Organizational Structure

TASE Members

TASE Financial Reports

Regulation in Israel

Vacation Schedule

Visitors Center

Links

	Corporate Fact Sheet

February 2010

Website

www.tase.co.il/TASEEng

To view this fact sheet in PDF format click here .


	Corporate Profile
	Established in September 1953, the Tel Aviv Stock Exchange (TASE) is an efficient one-stop shop for the securities industry, hosting an increasingly¬ sophisticated range of products available to investors, including shares, corporate bonds, treasury bills and bonds, index-tracking products and derivatives. TASE is a fully-automated exchange with a central order book trading system, providing clearing, settlement and depository services.


	Fast Facts
	Market capitalization (Excluding ETNs): Equities:US$198 billion; Bonds:US$177 billion 610 companies listing equities 54 companies cross-listed abroad Flagship index: TA-25 381 index-tracking products (ETN's & Covered Warrants) 36 series of government bonds 606 series of corporate bonds 1,215 mutual funds


	Membership
	The TASE is owned by its members, which comprise the Bank of Israel (Israel’s central bank), 15 banks and 13 investment houses, including UBS, Deutsche Bank, HSBC, Citibank and Merrill Lynch International. The banks are supervised by the Bank of Israel and the investment houses by the TASE. The TASE permits international banks and investment houses that have no permanent representation in Israel to become ‘remote members’. Merrill Lynch International is the first remote member, started in January 2009.


	Dual Listing
	Companies traded in the USA and on the London Stock Exchange (Main Market) can dual-list their shares on the TASE. Dual-listing, which does not entail significant costs, imposes no additional regulatory burden and offers continuous trading from 09:45 to 23:00 (Israeli time), for companies listed in the USA. There are currently 47 companies dually-listed on TASE, as well as 7 companies which are cross-listed on other foreign securities exchanges.


	Israel – Key Macroeconomic Indicators
	GDP per capita; 2009 (Est.) – 28,800 GDP growth: 2007 - 5.4%; 2008 – 3.9%; Q4 2009 – 4.4%; 2009 (Est.) – 0.5% Inflation: 2008 – 3.8%, 2009 – 3.9%, Jan. 2010 – (0.7%) Bank of Israel interest rate: March 2010 – 1.25% Surplus in balance of payments Budget deficit-2007: 0% of GDP ; 2008 (Est.): 0.8% of GDP ; 2009 (Est.): 5.2% of GDP


	Graphs
	The Equity Market – Prices and Volumes (USD Terms) The TA-25 and International Stock Indices (USD Terms) TA-25 Index – Industries Capital Raised by the Private Sector (USD Billions)


	Contact Us
	The Tel Aviv Stock Exchange Ltd. 54 Ahad Ha’am Street, Tel Aviv 65202, Israel Tel: +972 (3) 5677 411 Fax: +972 (3) 5609 401 You can also contact us via the TASE Website


	PR Contact
	Jonathan Shillington Grayling Tel: +44 (0) 20 7255 1100 Email: jonathan.shillington@uk.grayling.com Idit Yaaron Head of Marketing & Communications Unit The Tel Aviv Stock Exchange Tel: +972 (3) 5677 406 Email: idit@tase.co.il To view this fact sheet in PDF format click here .


	Links
	Listed Companies Dual Listed Companies – Overview, Market Data TA-25 Flagship Index – Overview, Market Data Listed Products Stocks – Overview, Market Data Index Products – Overview, Market Data Government Bonds – Overview, Market Data Corporate Bonds – Overview, Market Data Mutual Funds – Overview, Market Data TASE Strategy Contact Us

More links

Corporate Fact Sheet

TASE Overview Brochure

Actions

E-Mail this Article

Make TASE Your Homepage

Vacation Schedule