The Index Committee includes TASE’s Chief Executive Officer, its Trading Manager and the Head of the Listing and Economics Department.
The Index Committee is authorized to determine the following (among others):
- Minimal free float rate for new additions to the indices and universes
- Israeli orientation for companies domiciled outside of the State of Israel
- Changes in indices and universes update dates
- Determine Index calculation frequency
- Deletion of a specific share under special circumstances
- Out of the ordinary rules under special circumstances (for example, complex corporate action events)
