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 | How to List Securities on TASE? |  |
| |  | | Listing Securities on TASE |
| | Issuing and listing shares and other securities on TASE enables companies to raise considerable capital to finance corporate activity.
For further information:
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| | | | | | Dual Listing |
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| | | | Market Making on TASE |
| | A market maker in securities is a TASE member, which quotes bid and ask prices for designated securities throughout TASE trading at spreads and for quantities set by the TASE. In this manner, the market makers provide liquidity for those securities in which it operates, enabling investors to buy and sell these securities at any given time.
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| | | | | | "TACT- Institutional" and Non-listed Securities (NLS) Services |
| | TASE operates a "professional market" for trading in bonds and convertible securities privately placed without a prospectus to institutional investors. "TACT Institutionals" is the trading platform for trading in these securities between institutional investors.
The TASE Clearing House (TASE-CH) provides clearing ,settlement and custody services for securities issued to institutional investors in private placements, which are not listed on TASE (Non-listed Securities)
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| | | | | | What are financial statements? |
| | Once a quarter, companies publish statements presenting their financial situation (including their balance sheet, statement of profit or loss and cash flows), as well as information on the challenges they face and their plans for the future. Once a year, the companies publish a more elaborate and thorough annual report.
It should be noted that small entities that have not issued bonds to the public, are permitted to publish financial statements every six months, and are therefore exempt from publishing financial statements for the first quarter and the third quarter of every calendar year. Those entities may also choose to publish financial statements in the first and the third quarters. Information concerning the frequency of reporting is available on the “Company Details” page, which specifies whether the company has elected to utilize the exemption and therefore publishes semi-annual financial statements in the format applicable to an exempt small entity.
Click here for financial statements screen on Maya website > | |
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| | | | | | TASE Indices |
| | TASE develops and calculates a wide variety of indices. An index reflects average price levels of a selected group of securities. The TA-35 index, for example, reflects average prices of TASE's 35 most highly capitalized shares. Index changes reflect average returns to investors from these shares.
All constituent shares in a TASE index must meet the criteria of the " equity indices universe" and each index has its own specific rules regarding its potential constituent securities.
The Tel-Bond indices track the average price movements of corporate bonds. Other indices track various groups of securities and are published at the end of the trading day.
On the TASE website, each index has a dedicated "Index Page", which includes the following tabs:
- Summary
- About the Index
- Index Components (Constituents)
- Index Linked Notes – additional TASE-traded products based on the index (i.e., for which the index serves as underlying asset)
- Charts – from 2000 onwards
- Historical Prices – from 2000 onwards
- Corporate Disclosures – latest filings by index constituents from the MAYA website (Hebrew only)
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| | | | | | TASE trading and vacation schedules |
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| | | | | | Additional explanations on how to navigate the TASE website |
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This FAQ covers, among other things, the following:
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| | | | | | What services are provided to TASE-listed companies on the TASE and MAYA websites? |
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| | | | | | TASE rules and regulations |
| | The law requires the Tel Aviv Stock Exchange, as a condition for obtaining a license, to implement rules. The rules must be approved by the Israel Securities Authority and the Minister of Finance.
The rules and regulations of the TASE include, among other things, rules regarding: TASE members, listing of securities for trading, trade suspensions and maintenance rules, trading on the TASE, publication of information by the TASE, and the commissions the TASE collects. Additional information and the Rules and Regulations sections > | |
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| | | | Inquiries by public companies to TASE |
| | We can be contacted through the "Contact Us" form, which is arranged according to topic. Extensive and useful information regarding TASE activity can be found on the TASE website.
For Frequently Asked Questions for TASE-listed companies, click here. For an explanation regarding the structure of the website menus, click here. For a site map, click here. | |
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| | | | | | Public inquiries to TASE |
| | Extensive information on TASE activities can be found on the TASE website.
For an explanation regarding the structure of the website menus, click here.
For a site map, click here.
Inquiries can be submitted:
- Through the "contact us" form, which is classified according to topic.
- Telephone: 076-8160411, on TASE business days.
- Fax: 076-8160309.
- Address: 2 Ahuzat Bayit St. Tel Aviv, 6525216.
Historical data is available for payment through the "contact us" request by selecting "Historical Data" | |
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