Terms of Use September 2020 Edition

The terms and conditions that are set out below constitute binding terms and conditions for the use of the website (hereafter: “the Website”) and of the services and products that it offers. The use of the website and the access to the products and the services is subject to the terms and conditions that are stipulated in these Terms of Use and is governed by the Privacy Policy (hereafter collectively - “the Use Agreement”/”the Terms of Use”). By accessing the Website, you are expressing your consent to these Terms and conditions.. The sections and headings contained in this document are solely for convenience purposes and are not to be used in interpretation.

1. General

1.1. The Website is operated by the Tel Aviv Stock Exchange Ltd. (hereafter: “the TASE”).

1.2. The Website offers products, information, content and various services, of which some are free of charge and others may be purchased for a consideration (hereafter: “the Services”).

1.3. It is hereby clarified that the stated in the Use Agreement applies to all of the services that are offered on the Website, including the services that are accessible by smartphone or other end instruments.

1.4. Access of the Website and use of the services that it offers, whether by yourself or by anyone acting on your behalf, constitutes consent to the stated in these Terms of Use. Furthermore, the use of certain services on the Website may be subject to additional terms and conditions that will be specified for any such service. It is hereby clarified that such additional terms and conditions are in addition to the Terms of Use and do not detract therefrom.

1.5. When you access and use the Website, we may collect various types of information pertaining to you, using various means of collection. In certain cases, we may transfer information pertaining to you to third parties, for predefined purposes. The types of information that we may collect, the purposes for which such information may be collected, and the details of the parties to which we may transfer such information or any part thereof are presented in elaboration in our Privacy Policy.

1.6. It is hereby clarified that you are not required to provide us with any information pertaining to you, however some services may not be available if such information is not provided. For clarifications, please refer to the TASE’s Privacy Policy, which constitutes an integral part of these Terms of Use.

1.7. The TASE reserves the right to modify the Website from time to time, including the addition and/or removal of services and/or changes to the Terms of Service and/or full or partial disabling of the Website, at its sole discretion, and any modification will be binding to the users from the date of its publication on the Website, or of any other manner of notification, whichever is earlier. We encourage you to review from time to time the version that is available on the Website.

1.8. In the event of any contradiction between the content that appears on the Website and the content included in TASE’s records, the content contained in the TASE’s records shall prevail. “The TASE’s Records” include any book, ledger, document, statement etc., as well as any means of data storage or maintenance, digital or otherwise.

1.9. The content appearing on the Website and the user’s access thereto and use thereof shall be governed by the laws of the State of Israel and the competent courts in the District of Tel Aviv-Jaffa shall have sole jurisdiction over any matter pertaining to the Terms of Use of the Website, including the Privacy Policy.

1.10. The services on this Website are not offered in any location where their use is prohibited by local law.

2. Use of the Website

2.1. The access to and/or use of the Website and/or the services is intended solely for the personal purposes of the user and may not be made for any other purpose, commercial or otherwise. Without prejudice to the aforesaid, such use is for legal purposes and for the intended purposes of the Website. Additionally, it is prohibited to perform any action that may be in violation of the provisions of these Terms of Use and/or the provisions of the law and/or that may detract from any of the rights of the TASE and/or any other third party and/or that may be detrimental to the Website.

2.2. The information and/or any part thereof may not be made public and no product originating in the information may be published, whether printed or stored on any magnetic or optical means, or any other means, without the TASE’s prior written approval and in accordance with its terms and conditions. The information or any part thereof may not be copied and/or duplicated and/or printed for distribution or publication in any way, without the TASE’s prior written approval and in accordance with its terms and conditions.

2.3. The TASE’s refraining from taking action to protect its rights in relation to the content shall not be construed as a waiver on its part of any right that is conferred upon it by law.

2.4. Users of services/content on the Website that involve the provision of personal information on others are obligated to verify that their use is done in accordance with the provisions of the law, including the Law for the Protection of Privacy, 1981 and the Communication Law (Bezeq and Broadcasting), 1982. 

3. Content Published on the Website

3.1. The TASE and anyone acting on its behalf provide no warranty for the integrity and completeness of the information that appears on the Website, its timeliness, accuracy or suitability for any particular purpose, and they are not responsible for any  defect, error, omission or inaccuracy that may be found in the Website and/or in the services that are offered therein, for any reason whatsoever (hereafter collectively - “Defect”).

3.2. The Website contains, inter alia, an unofficial translation from the Hebrew language of TASE Rules, the Regulations pursuant to the Rules, the By-Laws of the Tel Aviv Stock Exchange Clearing House Ltd. and of the MAOF Clearing House Ltd. Additional information is presented on the Website that includes, inter alia, general explanations and descriptions of subjects appearing in the aforesaid Rules, Regulations, and By-Laws. For the avoidance of doubt, it is hereby clarified that the binding version is that appearing in the Hebrew version of the Rules, Regulations, and By-Laws, as the case may be, and in the event of any contradiction, the stated in the Rules, Regulations, and By-Laws, as the case may be, shall prevail.

3.3. In general, Historical data presented on the Website were calculated by the TASE commencing on January 1, 2000. Yet, historical data originating on a later date are presented from the date of the initial calculation. The TASE may change the method of calculation of the historical data from time to time.

3.4. Without prejudice to the aforesaid, the TASE shall not be liable in any way for the content of reports of listed corporations that are presented on the Website. Full liability for these reports rests with the originating corporations.

3.5. The information or any part thereof should not be construed as the expression of an opinion and/or a recommendation with respect to any of the securities mentioned on the Website and/or with respect to the issuing corporations.

3.6. The information or any part thereof should not be construed as a recommendation or an advice to act in one manner or another as regarding decision-making on investments, taxation or legal matters. The use of the Website and the services is not a substitute for consultation with experts. The user will bear full responsibility for any investment or other decision made in reliance upon the services.

3.7. The use of the Website and the services is intended solely for personal use and sole liability in respect thereof shall rest with the user. The user exempts the TASE from any liability for a defect and from any liability for any damage sustained by him as a result of the use of the Website and/or the use of the information.

4.  Links to Other Websites and Third-Party Content

4.1. When using the Website, you may have access to information, products, advertisements, banners, or services of third parties, inter alia, by clicking on links that appear on the Website or otherwise (hereafter: “Third-Party Content”). Unless explicitly stated otherwise, the TASE has no connection whatsoever to the Third-Party Content, is not responsible for their nature and/or reliability and/or accuracy and does not guarantee that all links are operational and lead to an active website. Any contention relating to Third-Party Content must be addressed to the relevant third party.

4.2. For information on the terms and the prices that apply to the content and services of third parties, to the extent that these are not sufficiently clarified on the Website, or otherwise, please contact the relevant third parties.

4.3. For the avoidance of doubt, to the extent that the TASE’s Website contains links to other websites, the TASE shall not be liable for the privacy policy and information security of such websites.

4.4. The TASE shall not be liable for any direct or indirect damage that you may sustain as a result of the use of such websites, and any use that you make is at your sole and full responsibility.

5. Limitation of Liability

5.1. The use of the content and/or the services appearing on the Website shall be at your sole and full responsibility.

5.2. The receipt of services from this Website and their quality depend on technological factors that are not always in the control of the TASE, such as the availability and functionality of the Internet as well as the end equipment that is at your possession and responsibility.

5.3. The TASE provides no warranty that the service or the content that is provided on the Website will not be disrupted, will be duly provided without interruption and/or will be immune to damages, breakages, malfunctions of hardware, software or the communication lines of the TASE or any of its vendors, or will be otherwise compromised, and the TASE shall not be liable for any damage, direct or indirect, mental anguish etc. that you and/or anyone acting on your behalf may sustain as a result.

5.4. The TASE takes measures to ensure safe use of the Website, but cannot guarantee complete immunity from attempted infiltration of its systems and/or unauthorized access of the Website and/or disruptions and/or interruptions to the IT systems and/or the proper functioning of the Website. The TASE shall not be liable for damages resulting from such events, if it has reasonable and customary information security measures in place.

5.5. You hereby undertake to use the Website in conformity with any law and not to commit infiltration and/or interruption and/or assist in such actions. Please be advised that infiltration of the Website’s IT systems is a criminal offense.

6. Intellectual Property

6.1. All of the intellectual property rights in the services and the content, including copyright and distribution and presentation rights, including all information presented in any way, text, software, pictures, clips, graphics, compilations, including indices and their names, designs, voice files, video files, picture files and other files appearing on the Website fully belong to the TASE or to third parties who have vested the TASE with use rights therein.

6.2. The removal of copyright symbols from or within the Website or their modification are prohibited. The performance of reverse engineering, de-compilation and disassembly is strictly prohibited.

6.3. The use of the Website and/or the services does not confer upon you any rights whatsoever in the Website and/or the services, unless explicitly stated otherwise.

6.4. The name of the Website and the Website’s domain name are all the sole property of the TASE. They may not be used without the TASE’s prior written approval.

7. Contact Information

You may directly contact the TASE in any matter relating to the aforesaid in the following channels:
Address: 2 Ahuzat Bayit St., Tel Aviv,
Email: spokesperson@tasemail.co.il
Tel.: 076-8160341/405,      
Contact us online.