{ "id": "ep3e0fzwa8", "slug": "tel-aviv-stock-exchange", "title": "Tel-Aviv Stock Exchange", "updated": "2026-10-15", "topic_path": [ { "id": "society", "label": "Society and history", "api_url": "https://www.edgepedia.org/api/v1/topics/society" }, { "id": "society.economy", "label": "Economics and business", "api_url": "https://www.edgepedia.org/api/v1/topics/society.economy" }, { "id": "society.economy.finance", "label": "Finance", "api_url": "https://www.edgepedia.org/api/v1/topics/society.economy.finance" }, { "id": "society.economy.finance.stock_exchanges", "label": "Stock exchanges and securities markets", "api_url": "https://www.edgepedia.org/api/v1/topics/society.economy.finance.stock_exchanges" }, { "id": "society.economy.finance.stock_exchanges.stock-exchanges-in-asia-and-the-middle-east", "label": "Stock exchanges in Asia and the Middle East", "api_url": "https://www.edgepedia.org/api/v1/topics/society.economy.finance.stock_exchanges.stock-exchanges-in-asia-and-the-middle-east" } ], "geo": [ { "id": "geo.mena.t1946.society.economy.finance", "label": "Middle East and North Africa · 1946 to 2000: Finance", "api_url": "https://www.edgepedia.org/api/v1/geo/geo.mena.t1946.society.economy.finance", "path": [ { "id": "geo.mena", "label": "Middle East and North Africa", "api_url": "https://www.edgepedia.org/api/v1/geo/geo.mena" }, { "id": "geo.mena.t1946", "label": "Middle East and North Africa · 1946 to 2000", "api_url": "https://www.edgepedia.org/api/v1/geo/geo.mena.t1946" }, { "id": "geo.mena.t1946.society", "label": "Society and history", "api_url": "https://www.edgepedia.org/api/v1/geo/geo.mena.t1946.society" }, { "id": "geo.mena.t1946.society.economy", "label": "Economics and business", "api_url": "https://www.edgepedia.org/api/v1/geo/geo.mena.t1946.society.economy" }, { "id": "geo.mena.t1946.society.economy.finance", "label": "Finance", "api_url": "https://www.edgepedia.org/api/v1/geo/geo.mena.t1946.society.economy.finance" } ] }, { "id": "geo.mena.t2021.society.economy.finance", "label": "Middle East and North Africa · 2021 and later: Finance", "api_url": "https://www.edgepedia.org/api/v1/geo/geo.mena.t2021.society.economy.finance", "path": [ { "id": "geo.mena", "label": "Middle East and North Africa", "api_url": "https://www.edgepedia.org/api/v1/geo/geo.mena" }, { "id": "geo.mena.t2021", "label": "Middle East and North Africa · 2021 and later", "api_url": "https://www.edgepedia.org/api/v1/geo/geo.mena.t2021" }, { "id": "geo.mena.t2021.society", "label": "Society and history", "api_url": "https://www.edgepedia.org/api/v1/geo/geo.mena.t2021.society" }, { "id": "geo.mena.t2021.society.economy", "label": "Economics and business", "api_url": "https://www.edgepedia.org/api/v1/geo/geo.mena.t2021.society.economy" }, { "id": "geo.mena.t2021.society.economy.finance", "label": "Finance", "api_url": "https://www.edgepedia.org/api/v1/geo/geo.mena.t2021.society.economy.finance" } ] } ], "excerpt": "The Tel-Aviv Stock Exchange is Israel's stock exchange, founded in 1953, with 549 listed companies and an equity market cap of NIS 2 trillion at the end of 2025.", "snippet": "The Tel-Aviv Stock Exchange is Israel's stock exchange, founded in 1953, with 549 listed companies and an equity market cap of NIS 2 trillion at the end of 2025.", "node": "society.economy.finance.stock_exchanges.stock-exchanges-in-asia-and-the-middle-east", "markdown": "# Tel-Aviv Stock Exchange\n\nAt the end of 2025 its equity market capitalization reached NIS 2 trillion, a 46% increase over the year, with 549 listed companies by July 2026.[1](https://www.prnewswire.com/news-releases/tase-reports-the-results-of-the-financial-statements-for-the-fourth-quarter-and-full-year-2025-302705661.html) • [2](https://www.jefferies.com/wp-content/uploads/sites/4/2026/07/Shifting-Sands-Israels-Role-as-a-Financial-Capital-in-an-Evolving-Middle-East-July-2026.pdf)\n\n| Key fact | Detail |\n|---|---|\n| Founded | Incorporated in Israel on September 28, 1953, as a company limited by the guarantee of its members[3](https://mondovisione.com/_assets/files/2019_Q4_TASE_Report_Eng.pdf) |\n| Trading system | TACT (Tel Aviv Continuous Trading), a computerized order-driven system introduced in 1997, developed at the Chicago Stock Exchange[4](https://en.globes.co.il/en/article-371745) |\n| Scale, end-2025 | Equity market cap NIS 2 trillion (+46% in 2025); cash equities average daily volume NIS 3.4 billion (+57%)[1](https://www.prnewswire.com/news-releases/tase-reports-the-results-of-the-financial-statements-for-the-fourth-quarter-and-full-year-2025-302705661.html) |\n| Listings | 549 listed companies, 101 companies with listed bonds, 141 indices as of July 2026[2](https://www.jefferies.com/wp-content/uploads/sites/4/2026/07/Shifting-Sands-Israels-Role-as-a-Financial-Capital-in-an-Evolving-Middle-East-July-2026.pdf) |\n| Headline indices | TA-35 (35 largest companies, about 55% of trading volume) and TA-125 (125 largest, total return, rebalanced twice a year)[5](https://www.emerald.com/jefas/article/30/59/169/1246988/Does-trading-mechanism-shape-cross-market) • [6](https://www.carloalberto.org/wp-content/uploads/2026/01/LTI27.pdf) |\n| 2025 performance | TA-35 +51.6%, TA-90 +46.6%, versus +17.9% for the S&P 500 and +21.0% for the NASDAQ-100[1](https://www.prnewswire.com/news-releases/tase-reports-the-results-of-the-financial-statements-for-the-fourth-quarter-and-full-year-2025-302705661.html) |\n| Self-listing | Demutualized 2017–18; IPO of its own shares closed August 1, 2019, making TASE a public company listed on itself[3](https://mondovisione.com/_assets/files/2019_Q4_TASE_Report_Eng.pdf) |\n| Distinctive feature | Corporate and government bonds trade on-exchange by limit order book, unlike the OTC model used almost everywhere else[7](https://falk.huji.ac.il/sites/default/files/falkheb/files/paper_16-06.pdf) |\n\n## History\n\nTASE was incorporated on September 28, 1953, under the Companies Ordinance of 1929 as a company limited by the guarantee of its members.[3](https://mondovisione.com/_assets/files/2019_Q4_TASE_Report_Eng.pdf) From the start, bonds were traded like stocks, at first through a daily auction in each security; in 1960 the daily volume of all bonds was $59 thousand, too small to support an over-the-counter dealer market, which is one reason the exchange-traded bond model took root.[7](https://falk.huji.ac.il/sites/default/files/falkheb/files/paper_16-06.pdf)\n\n**Automation.** In 1997 TASE replaced its floor-based auction system with TACT, a computerized, order-driven system for continuous trading developed at the Chicago Stock Exchange; similar systems then operated in [Johannesburg](https://www.edgepedia.org/johannesburg), the Philippines, and Thailand. TACT routes orders from bank and brokerage branches directly to the exchange's trading engine.[4](https://en.globes.co.il/en/article-371745)\n\n**Demutualization and self-listing.** Amendment 63 to the Securities Law, published April 6, 2017, enabled demutualization; the Tel Aviv District Court approved the arrangement on September 7, 2017, converting TASE from a company limited by guarantee to a company limited by shares on a one-share-one-vote basis. The transition to a for-profit private company completed on July 6, 2018, and on August 1, 2019, TASE closed the IPO of its own shares and listed them on itself, becoming a public company.[3](https://mondovisione.com/_assets/files/2019_Q4_TASE_Report_Eng.pdf)\n\n## How trading works\n\nThe mechanism for all securities on TASE, stocks and bonds alike, is a continuous limit order book with opening and closing auction sessions, and a real-time fluctuation moderator on TACT that protects against extreme price moves.[7](https://falk.huji.ac.il/sites/default/files/falkheb/files/paper_16-06.pdf) • [3](https://mondovisione.com/_assets/files/2019_Q4_TASE_Report_Eng.pdf) At the end of 2023 the trading week ran Sunday to Thursday, with stock trading from 10:00 to 15:50 on Sundays and to 17:25 Mondays through Thursdays.[6](https://www.carloalberto.org/wp-content/uploads/2026/01/LTI27.pdf)\n\nTwo recent changes have reshaped the schedule. On August 10, 2025, TASE implemented a new Trading at Last (TAL) session, aligning itself with global exchange practice and adopted significantly by foreign and domestic institutional investors. On January 5, 2026, TASE moved to a Monday-to-Friday trading week, following the Minister of Finance's approval of the revised TASE Rules and Regulations in August 2025.[8](https://mondovisione.com/media-and-resources/news/tel-aviv-stock-exchange-reports-the-results-of-the-financial-statements-for-the-20251111/)\n\n## Indices and performance\n\nThe main stock index is the TA-125, the 125 largest stocks by market capitalization, a total return index rebalanced twice a year; until February 2017 it contained 100 stocks and was called TA-100.[6](https://www.carloalberto.org/wp-content/uploads/2026/01/LTI27.pdf) The TA-35 consists of the 35 companies with the highest market capitalization, which together accounted for 55% of trading volume in TASE's 2021 data.[5](https://www.emerald.com/jefas/article/30/59/169/1246988/Does-trading-mechanism-shape-cross-market) On the bond side, the Tel-Bond 60 index covers the 60 fixed-interest and CPI-linked corporate bonds with the highest market capitalization, and the Tel-Bond 20 covers the top 20.[7](https://falk.huji.ac.il/sites/default/files/falkheb/files/paper_16-06.pdf) • [5](https://www.emerald.com/jefas/article/30/59/169/1246988/Does-trading-mechanism-shape-cross-market)\n\n**Recent returns.** In 2023, a volatile year, TA-35 and TA-125 rose an annual average of 4%; despite the October 7 events, TA-125 rose 1.5% from the eve of the war through end-2023 and 7% from the outbreak to the report date.[9](https://www.prnewswire.com/news-releases/the-tel-aviv-stock-exchange-reports-the-results-of-the-financial-statements-for-the-fourth-quarter-and-full-year-2023-302081757.html) In 2025 the TA-90 and TA-35 gained 46.6% and 51.6%, against 17.9% for the [S&P 500](https://www.edgepedia.org/s-and-p-500) and 21.0% for the NASDAQ-100.[1](https://www.prnewswire.com/news-releases/tase-reports-the-results-of-the-financial-statements-for-the-fourth-quarter-and-full-year-2025-302705661.html)\n\n## By the numbers\n\nThe exchange has roughly tripled in dollar terms since 2023, from about $257 billion at end-2023 to $805 billion by July 2026.[6](https://www.carloalberto.org/wp-content/uploads/2026/01/LTI27.pdf) • [2](https://www.jefferies.com/wp-content/uploads/sites/4/2026/07/Shifting-Sands-Israels-Role-as-a-Financial-Capital-in-an-Evolving-Middle-East-July-2026.pdf) At the end of 2023, 537 stocks traded with total market capitalization of 925 billion NIS, about $257 billion at 3.61 NIS/USD.[6](https://www.carloalberto.org/wp-content/uploads/2026/01/LTI27.pdf) By July 2026, equities stood at $805 billion, up 86%, with corporate bonds at $219 billion, up 23%.[2](https://www.jefferies.com/wp-content/uploads/sites/4/2026/07/Shifting-Sands-Israels-Role-as-a-Financial-Capital-in-an-Evolving-Middle-East-July-2026.pdf) In Q2 2026 listed-share market capitalization reached NIS 2,966 billion, up 78% year over year, and TASE's own revenue rose 84%.[10](https://www.investing.com/news/company-news/tase-q2-2026-slides-record-revenue-profit-amid-equity-boom-93CH-4836784)\n\nTurnover followed the same path: average daily equity volume was NIS 2 billion in 2023 (13% below 2022), NIS 3.3 billion in the first nine months of 2025, an all-time high, and NIS 3.4 billion for full-year 2025.[9](https://www.prnewswire.com/news-releases/the-tel-aviv-stock-exchange-reports-the-results-of-the-financial-statements-for-the-fourth-quarter-and-full-year-2023-302081757.html) • [8](https://mondovisione.com/media-and-resources/news/tel-aviv-stock-exchange-reports-the-results-of-the-financial-statements-for-the-20251111/) • [1](https://www.prnewswire.com/news-releases/tase-reports-the-results-of-the-financial-statements-for-the-fourth-quarter-and-full-year-2025-302705661.html) For longer context, the 2015 fact sheet put equities at $202 billion and bonds at $209 billion, and the 2019 report counted 442 listed companies.[11](https://www.prnewswire.com/news-releases/tel-aviv-stock-exchange-corporate-fact-sheet-september-2015-531215721.html) • [3](https://mondovisione.com/_assets/files/2019_Q4_TASE_Report_Eng.pdf)\n\n## Bonds and mutual funds\n\nTASE's bond market is unusually large and unusually exchange-centered. Two thirds of the face value of the Israeli corporate bond market is listed on TASE, and approximately 90% of trading volume in exchange-listed corporate bonds takes place on the exchange, in contrast to the dealer-based OTC markets of the US and Europe.[12](https://milkeninnovationcenter.org/wp-content/uploads/2015/11/37-EN-Full.pdf) As of April 2020 the exchange hosted over 700 bond listings, 713 corporate versus 30 government bonds, with monthly limit-order-book volumes of $15–20 billion, roughly three quarters from government bonds.[13](https://focus.world-exchanges.org/statistics/articles/showcasing-successful-bond-markets)\n\n**Depth despite isolation**. The corporate bond market was about $76 billion in 2014 with foreign holdings of only 0.9%, yet research found it lively, with many transactions per bond-day, very little off-exchange trading, and spreads lower than comparable US numbers.[7](https://falk.huji.ac.il/sites/default/files/falkheb/files/paper_16-06.pdf) A macroeconomic analysis put the probability at over 95% that Israel belongs to the group of countries with deep corporate bond markets.[14](https://ideas.repec.org/a/boi/isrerv/v18y2020i1p139-176.html) The exchange structure also showed its value in stress: during the COVID-19 crisis, trading activity in Israeli corporate bonds rose sharply despite a significant liquidity decrease, and difference-in-differences evidence on government bond spreads supports the idea that having an exchange enhances liquidity during a crisis.[15](https://ideas.repec.org/a/eee/jebusi/v123y2023ics0148619522000613.html) • [16](https://pubsonline.informs.org/doi/abs/10.1287/mnsc.2023.02344)\n\nIssuance has accelerated recently: corporate bond issuances totaled NIS 187 billion in 2025 versus NIS 124 billion in 2024, the [Ministry of Finance](https://www.edgepedia.org/ministry-of-finance) raised NIS 137 billion domestically in 2025, and 21 new corporate issuers raised NIS 5.2 billion in the first nine months of 2025, bringing total issuers to a decade-high 100 companies.[1](https://www.prnewswire.com/news-releases/tase-reports-the-results-of-the-financial-statements-for-the-fourth-quarter-and-full-year-2025-302705661.html) • [8](https://mondovisione.com/media-and-resources/news/tel-aviv-stock-exchange-reports-the-results-of-the-financial-statements-for-the-20251111/) The Israeli mutual fund industry grew from about 237 billion NIS in January 2014 to 330 billion NIS, roughly $90 billion, by end-2023.[6](https://www.carloalberto.org/wp-content/uploads/2026/01/LTI27.pdf)\n\n## Regulation and ownership\n\nTASE is a fully automated exchange with a central order book providing clearing, settlement, and depository services, supervised by the Israel Securities Authority as a regulated market. TASE has also worked with the ISA to bring in retail brokers, giving the public broader access to digital trading at reduced costs.[17](https://focus.world-exchanges.org/articles/q-ittai-ben-zeev-ceo-tel-aviv-stock-exchange-tase)\n\n## Dual listing and the US connection\n\nIsraeli companies traded in the USA or on the London Stock Exchange Main Market can dual-list on TASE with no additional regulatory burden and no significant cost; for US-listed companies this offers continuous trading from 09:45 to 23:00 Israeli time.[11](https://www.prnewswire.com/news-releases/tel-aviv-stock-exchange-corporate-fact-sheet-september-2015-531215721.html) Fifty dual-listed shares traded on TASE at end-2025, and their combined market cap represented 22% of total TASE equity market cap; the two available figures conflict, with one putting it at $141 billion and another at $114 billion.[18](https://mondovisione.com/media-and-resources/news/dual-listed-shares-flourish-on-the-tel-aviv-stock-exchange-data-trends-and-in-2026218/) • [19](https://www.jpost.com/business-and-innovation/banking-and-finance/article-887215) The highest-valued dual-listed companies included Teva, Elbit Systems, and Tower, with a combined market cap of $76 billion.[19](https://www.jpost.com/business-and-innovation/banking-and-finance/article-887215)\n\nDual-listed turnover is growing and increasingly foreign. Average daily volume of dual-listed shares on TASE was $184.7 million in 2025, up 68% from 2024 and up from $100.1 million in 2023.[18](https://mondovisione.com/media-and-resources/news/dual-listed-shares-flourish-on-the-tel-aviv-stock-exchange-data-trends-and-in-2026218/) After the move to Friday trading, foreigners' share of turnover in dual-traded stocks on Fridays jumped to 48%, versus 16% on Sundays, and total Friday turnover roughly tripled from NIS 255 million to about NIS 1 billion.[20](https://en.globes.co.il/en/article-foreign-investors-flock-to-tase-1001538302)\n\n## Recent developments\n\n**The 2023 shock.** Trading in 2023 was volatile as a result of the government-proposed Judicial Reform and the war that broke out after the events of October 7, which undermined the performance of TASE's leading indices.[9](https://www.prnewswire.com/news-releases/the-tel-aviv-stock-exchange-reports-the-results-of-the-financial-statements-for-the-fourth-quarter-and-full-year-2023-302081757.html) During the war, Israeli institutions increased local exposure while the public shifted toward international ETFs traded on TASE, and TASE launched an ISA-approved reform of its equity indices and cut minimum order sizes for government bonds, corporate bonds, and T-bills.[9](https://www.prnewswire.com/news-releases/the-tel-aviv-stock-exchange-reports-the-results-of-the-financial-statements-for-the-fourth-quarter-and-full-year-2023-302081757.html)\n\n**The 2025–26 boom.** Foreign capital returned in force. Foreign investors' net inflows into TASE equities were NIS 4.4 billion in 2025 by the exchange's own full-year figure, NIS 6.4 billion in the first nine months of 2025 alone versus NIS 2.4 billion a year earlier, and $1.4 billion for 2025 in Jefferies' dollar accounting, primarily in the financial and defense sectors.[1](https://www.prnewswire.com/news-releases/tase-reports-the-results-of-the-financial-statements-for-the-fourth-quarter-and-full-year-2025-302705661.html) • [8](https://mondovisione.com/media-and-resources/news/tel-aviv-stock-exchange-reports-the-results-of-the-financial-statements-for-the-20251111/) • [2](https://www.jefferies.com/wp-content/uploads/sites/4/2026/07/Shifting-Sands-Israels-Role-as-a-Financial-Capital-in-an-Evolving-Middle-East-July-2026.pdf) Foreign investor holdings in TASE-listed companies more than doubled since October 2023, rising by about $71 billion, roughly 157%, to an all-time high of $116 billion by February 2026.[2](https://www.jefferies.com/wp-content/uploads/sites/4/2026/07/Shifting-Sands-Israels-Role-as-a-Financial-Capital-in-an-Evolving-Middle-East-July-2026.pdf) Israeli retail also turned positive, with net inflows of NIS 10.9 billion in the first nine months of 2025 against net outflows of NIS 1.1 billion the prior year.[8](https://mondovisione.com/media-and-resources/news/tel-aviv-stock-exchange-reports-the-results-of-the-financial-statements-for-the-20251111/)\n\nStructural reforms in the same period include the TAL session (August 2025), the Monday-to-Friday week (January 2026), and retail-broker access agreed with the ISA.[8](https://mondovisione.com/media-and-resources/news/tel-aviv-stock-exchange-reports-the-results-of-the-financial-statements-for-the-20251111/) • [17](https://focus.world-exchanges.org/articles/q-ittai-ben-zeev-ceo-tel-aviv-stock-exchange-tase)\n\n## References\n\n1. [TASE Reports the Results of the Financial Statements for the Fourth Quarter and Full Year 2025](https://www.prnewswire.com/news-releases/tase-reports-the-results-of-the-financial-statements-for-the-fourth-quarter-and-full-year-2025-302705661.html)\n2. [Shifting Sands: Israel's Role as a Financial Capital in an Evolving Middle East, Jefferies, July 2026](https://www.jefferies.com/wp-content/uploads/sites/4/2026/07/Shifting-Sands-Israels-Role-as-a-Financial-Capital-in-an-Evolving-Middle-East-July-2026.pdf)\n3. [TASE Periodic Report for 2019](https://mondovisione.com/_assets/files/2019_Q4_TASE_Report_Eng.pdf)\n4. [Tel Aviv Stock Exchange, Globes](https://en.globes.co.il/en/article-371745)\n5. [Does trading mechanism shape cross-market integration? Evidence from stocks and corporate bonds on the Tel Aviv Stock Exchange, Journal of Financial Aspects](https://www.emerald.com/jefas/article/30/59/169/1246988/Does-trading-mechanism-shape-cross-market)\n6. [LTI Working Paper 27, Collegio Carlo Alberto](https://www.carloalberto.org/wp-content/uploads/2026/01/LTI27.pdf)\n7. [Corporate Bond Trading on a Limit Order Book Exchange, Falk Institute, Hebrew University](https://falk.huji.ac.il/sites/default/files/falkheb/files/paper_16-06.pdf)\n8. [Tel Aviv Stock Exchange Reports the Results of the Financial Statements for the Third Quarter of 2025](https://mondovisione.com/media-and-resources/news/tel-aviv-stock-exchange-reports-the-results-of-the-financial-statements-for-the-20251111/)\n9. [The Tel-Aviv Stock Exchange Reports the Results of the Financial Statements for the Fourth Quarter and Full Year 2023](https://www.prnewswire.com/news-releases/the-tel-aviv-stock-exchange-reports-the-results-of-the-financial-statements-for-the-fourth-quarter-and-full-year-2023-302081757.html)\n10. [TASE Q2 2026 slides: record revenue, profit amid equity boom, Investing.com](https://www.investing.com/news/company-news/tase-q2-2026-slides-record-revenue-profit-amid-equity-boom-93CH-4836784)\n11. [Tel Aviv Stock Exchange Corporate Fact Sheet September 2015](https://www.prnewswire.com/news-releases/tel-aviv-stock-exchange-corporate-fact-sheet-september-2015-531215721.html)\n12. [Corporate Bond Market Liquidity in Israel at Heterogeneous Trade Sizes, Milken Innovation Center](https://milkeninnovationcenter.org/wp-content/uploads/2015/11/37-EN-Full.pdf)\n13. [Showcasing successful bond markets, WFE Focus](https://focus.world-exchanges.org/statistics/articles/showcasing-successful-bond-markets)\n14. [A Deep Market in Israeli Corporate Bonds, Israel Economic Review](https://ideas.repec.org/a/boi/isrerv/v18y2020i1p139-176.html)\n15. [Does market design contribute to market stability? Indications from a corporate bond exchange during the COVID-19 crisis, Journal of Economic Behavior & Organization](https://ideas.repec.org/a/eee/jebusi/v123y2023ics0148619522000613.html)\n16. [Exchanges for Government Bonds? Evidence During COVID-19, Management Science](https://pubsonline.informs.org/doi/abs/10.1287/mnsc.2023.02344)\n17. [Q&A with Ittai Ben-Zeev, CEO, Tel Aviv Stock Exchange, WFE Focus](https://focus.world-exchanges.org/articles/q-ittai-ben-zeev-ceo-tel-aviv-stock-exchange-tase)\n18. [Dual-Listed Shares Flourish on the Tel Aviv Stock Exchange](https://mondovisione.com/media-and-resources/news/dual-listed-shares-flourish-on-the-tel-aviv-stock-exchange-data-trends-and-in-2026218/)\n19. [Israeli companies grew more when listed in TASE than in NY, The Jerusalem Post](https://www.jpost.com/business-and-innovation/banking-and-finance/article-887215)\n20. [Foreign investors flock to TASE, Globes](https://en.globes.co.il/en/article-foreign-investors-flock-to-tase-1001538302)\n\n---\n*Topic: Encyclopedia › Society and history › Economics and business › Finance › Stock exchanges and securities markets › Stock exchanges in Asia and the Middle East*\n\n*Initially written Oct 10, 2026 · Edited: Oct 11, 2026; Oct 15, 2026*\n\n*Copyright 2026 EdgeChat AI, a subsidiary of Biostate AI.*\n\nLicense: Edgepedia Community License 1.0, https://www.edgepedia.org/edgepedia/license\n", "same_as": [], "url": "https://www.edgepedia.org/tel-aviv-stock-exchange", "markdown_url": "https://www.edgepedia.org/tel-aviv-stock-exchange.md", "license": { "name": "Edgepedia Community License 1.0", "url": "https://www.edgepedia.org/edgepedia/license", "summary": "Free with credit, commercial use included. AI training is open to everyone. For other uses, organizations over USD 100M in revenue or 100M monthly users license separately.", "spdx": "LicenseRef-Edgepedia-Community-1.0" }, "credit": "\"Tel-Aviv Stock Exchange\", Edgepedia (EdgeChat), https://www.edgepedia.org/tel-aviv-stock-exchange. Edgepedia Community License 1.0.", "credit_md": "\"[Tel-Aviv Stock Exchange](https://www.edgepedia.org/tel-aviv-stock-exchange)\", Edgepedia (EdgeChat), [https://www.edgepedia.org/tel-aviv-stock-exchange](https://www.edgepedia.org/tel-aviv-stock-exchange). [Edgepedia Community License 1.0](https://www.edgepedia.org/edgepedia/license).", "credit_html": "\"Tel-Aviv Stock Exchange\", Edgepedia (EdgeChat), https://www.edgepedia.org/tel-aviv-stock-exchange. Edgepedia Community License 1.0.", "speakable": "The Tel-Aviv Stock Exchange is Israel's stock exchange, founded in 1953, with 549 listed companies and an equity market cap of NIS 2 trillion at the end of 2025." }