TASE Approves Products on New Indices

Press Release
26/06/2011
 
Starting on July 3, 2011, TASE will allow the issuance of Exchange Traded
 Products on the following share price indices:

TA BlueTech-50, which comprises the 50 technology companies with the largest market cap drawn from the IT, electronics, biomed, technology investment and cleantech industries;

TA Technology, a composite index which currently includes 47 shares of companies from the electronics, IT, cleantech and technology investments companies;

Biomed – currently comprised of 31 companies operating in the ‘biomed’ industries;

TA Oil and Gas - currently includes the equities of 15 companies and limited partnerships engaged in the exploration and production of oil and gas;

TA Communications –currently comprised of 12 communications and media companies;

More than 400 Exchange Traded Notes (ETNs) are traded on TASE, of which 100 are ETNs on local share price indices and 145 on foreign share price indices. The Public Holdings of those equity ETNs was US $10 billion in May of this year. Average daily turnover accounts for approximately 20% of the total trading volume of TASE-traded shares.