·     Transaction costs are very low compared to fees in stock markets abroad – fewer middlemen, no need for currency conversions.

    ·      Convenient trading hours, suited to business hours in Israel (trading in the U.S. only begins at 4:30 PM, Israeli time). Trading on the TASE continues on Sundays and other global stock market holidays.

    ·      Diverse investment possibilities on the TASE.

     ·     Companies traded on the U.S. stock exchanges NYSE, NASDAQ, or NYSE MKT, or on the LSE Main Market, for at least one year. Companies traded on these markets for less than one year may dual-list, under the Dual-Listing Law, provided their market capitalization is greater than $150 million. Companies on the NASDAQ Market Capital list that have traded for at least one year are additionally required to have a minimum market capitalization of approx. $30 million at the listing date.

     ·     All companies are required to have one type of share in their issued capital.

     ·     Publish a registration form, including only technical information about the company and its issued securities.

For companies listed on U.S. stock exchanges – enclose the most recent periodic financial report submitted in the U.S., and a copy of disclosures published since the periodic report. (If the company has not yet been required to publish a periodic report, it should attach the prospectus used for the IPO in the U.S.). If a prospectus was published during the year preceding the year of the periodic report, or after the date of the periodic report, it should be enclosed as well.

For companies listed on the LSE – enclose the most recent periodic report published in the UK and the most recent prospectus approved by the UK Listing Authority (or a later report that includes disclosures that are identical in essence to the disclosures in the prospectus approved by the UK Listing Authority). Also enclose a copy of disclosures published since the publication of the most recent periodic report.

     ·     No translation into Hebrew is required for documents submitted abroad.

     ·     Open an account with one of the four banks’ Nominee Companies.

     ·     Trading begins three trading days after publication of the registration document.

     ·     Exemption from listing fees and annual fees for the first year.

     ·     Financial statements and all other disclosures submitted abroad are also submitted in Israel, in exactly the same format (no translation into Hebrew required).

     ·     Financial statements are submitted according to the schedule that applies abroad. Immediate reports required abroad are submitted in Israel according to the schedule specified in Israeli regulations.

     ·     A copy of reports, received by the company, concerning changes in holdings of interested parties must be submitted in Israel as well.

     ·     For employees – the rules applicable abroad apply.

     ·     In other private placements, if a disclosure was published abroad, it must be submitted in Israel as well.

     ·     Exemption from TASE requirements regarding private placements.

The Israel Securities Authority (ISA) can allow companies incorporated abroad to list under the dual-listing procedure.