JERUSALEM, May 21, 2024
/PRNewswire/ -- The Tel Aviv Stock Exchange, in collaboration with
the Israel Securities Authority and the Bank of Israel, published a call for proposals on
May 16, 2024, to examine changing the
trading days on the exchange. Two alternatives are proposed:
trading from Sunday to Friday or from Monday to Friday.
The aim of the proposed change, among other things, is to align
the trading days in Israel with
international standards and to improve liquidity and accessibility
to the capital market for foreign investors.
The Authority's staff invites the public to respond to the call
for proposals by June 30, 2024.
The staff will seriously consider all responses received, and,
if necessary, will contact the relevant parties. Additionally, a
survey has been distributed to help assess the impact of changing
the trading days in Israel. The
Authority's staff invites the public to respond to the survey at
the following link:
https://surveys.activetrail.com/Service.aspx?__p=yV60v8GtmXlz2HbtaWKKbVI2R%2bAnQerRIro36CZyEgl3eQR4GbHKFEIguDnThd31
TASE PR:
https://www.tase.co.il/en/content/news-lobby/20240516_pr
Contact: Adv. Ron Klein, Deputy
Director of International and Market Development, email
RonK@isa.gov.il
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SOURCE Israel Securities Authority