Tel Aviv Stock Exchange

34°46′14″N 32°03′52″E / 34.77059°N 32.06455°E / 34.77059; 32.06455

Tel Aviv Stock Exchange
TASE new building
TypeStock exchange, Public company
LocationTel Aviv, Israel
Founded1953; 71 years ago (1953)
(precursor 1935)
Owner15 banks and 11 investment houses
Key people
  • Arik Steinberg, Chairman
  • Itai Ben-Zeev, CEO
CurrencyNew Israeli Shekel
No. of listings473 companies listing equities[1]
901 series of corporate bonds
204 series of government bonds
416 index-tracking products
1,231 mutual funds
Market capEquities: US$ 216 billion;
Bonds: US$ 196 billion
Volume546 million US$ daily (2010)
Indices
Websitetase.co.il
Company
TASETASE
Industrystock exchange
Founded1953; 71 years ago (1953)
(precursor 1935)
Headquarters
RevenueIncrease NIS 323.7 million (2021)
Increase NIS 54.4 million (2021)
Increase NIS 45.5 million (2021)
Total assetsIncrease NIS 1,159 million (2021)
Total equityIncrease NIS 661.9 million (2021)
Websitetase.co.il
Footnotes / references
[2]
Tel Aviv Stock Exchange (TASE)

The Tel Aviv Stock Exchange (TASE; Hebrew: הַבּוּרְסָה לִנְיָירוֹת עֵרֶךְ בְּתֵל אָבִיב), colloquially known as The Bursa, is the only public stock exchange in Israel and a public company itself, listed on its own exchange since August 1, 2019.[3] It is regulated by the Securities Law (1968) and is under the direct supervision of the Israel Securities Authority (ISA).[4]

The TASE plays a significant role in the Israeli economy, facilitating the trade of securities and the raising of capital and debt for companies and the government on the Israeli capital market.[5] Trading on the TASE is conducted exclusively through its 23 members, which include major banks and investment houses that collect a fee for their services.

The TASE was founded in 1953, with its precursor dating back to 1935. As of 2021, it lists 473 companies, 901 series of corporate bonds, 204 series of government bonds, 416 index-tracking products, and 1,231 mutual funds.[1] The exchange's market capitalization for equities stands at US$ 216 billion, and for bonds at US$ 196 billion.

  1. ^ a b "EXCHANGING HISTORY" (PDF). Tel Aviv Stock Exchange. Archived from the original (PDF) on 2017-11-23. Retrieved 2015-05-14.
  2. ^ "Tel Aviv Stock Exchange company details". maya.tase.co.il. Retrieved 20 May 2022.
  3. ^ אתר הבורסה – דף הבית [The Bursa site – homepage] (in Hebrew). Tel Aviv Stock Exchange. Retrieved 2011-09-21.
  4. ^ "Tel Aviv Stock Exchange, Overview". Archived from the original on 2017-08-06. Retrieved 2017-09-30.
  5. ^ "דף הבית - הבורסה לניירות ערך בתל אביב | אתר הבורסה". www.tase.co.il. Retrieved 2021-11-20.