Welcome to our dedicated page for Tel Aviv Stock E news (Ticker: TVAVF), a resource for investors and traders seeking the latest updates and insights on Tel Aviv Stock E stock.
Tel Aviv Stock E (TVAVF) serves as Israel's primary securities exchange, facilitating trading across equities, bonds, and derivatives. This dedicated news hub provides investors with essential updates about market operations, technological advancements, and strategic developments shaping Israel's capital markets.
Our curated collection offers immediate access to official press releases and verified financial reporting. Users can track critical updates including quarterly earnings disclosures, new product launches like futures contracts, and partnerships enhancing market infrastructure. The repository also covers regulatory changes and liquidity improvement initiatives.
Key focus areas include AI-driven trading tools implementation progress, market expansion announcements, and leadership updates affecting exchange operations. Bookmark this page for streamlined monitoring of TVAVF's evolving role in Middle Eastern capital flows and its integration with global financial networks.
The Tel Aviv Stock Exchange (TASE) and Israel Securities Authority (ISA) have announced an AI-powered translation initiative to increase global investor exposure to TASE-listed companies. The project, set to launch in 2025, will translate company reports from Hebrew to English using AI technology developed by TipRanks.
Currently, only 100 out of 487 TASE-listed companies publish English reports, and just 33 of 108 TA-125 Index companies provide English translations. The service will initially launch as a Beta version for TA-125 Index companies, starting with text-based reports before expanding to include tables, charts, and financial statements.
This initiative is part of TASE's broader strategy to strengthen its global market presence, coinciding with its planned transition to Monday-Friday trading in early 2026. The translated reports will be available on TASE's upgraded English MAYA website, though they won't replace official Hebrew reports.
The Tel-Aviv Stock Exchange (TASE) reported strong Q3 2024 results with revenue reaching NIS 109 million, up 14% year-over-year. Adjusted EBITDA increased 17% to NIS 45 million, while net profit grew 43% to NIS 26 million. Trading volumes showed significant growth, with shares up 7% and bonds up 20%. The TA-125 index rose 12% through September, while market cap reached NIS 1,184 billion. Despite ongoing war challenges, TASE demonstrated resilience with increased trading volumes and debt raising activities. The exchange launched new initiatives including a Block Trade Facility and TASE+, an AI-based investment analysis tool.
The Tel Aviv Stock Exchange (TASE) has announced it will release its Q3 2024 financial statements on Wednesday, November 20, 2024, after market close. The results will be published on TASE's MAYA website, the Israel Securities Authority platform, and the company's investor relations page. A conference call discussing the results will be held at 8:00 PM (Israeli time) on the same day, hosted by CEO Ittai Ben-Zeev and CFO Yehuda Ben Ezra. The call will be conducted in English and include a Q&A session, with dial-in numbers provided for multiple countries.
The Tel Aviv Stock Exchange (TASE) plans to update its pricelist for custody services provided by the TASE Clearing House. This decision follows a review that found TASE's fees significantly lower than global standards. The update will be implemented in three annual steps starting January 1, 2025, aiming to reduce the gap between Israeli and international fees.
TASE estimates the update will generate additional annual revenue of approximately NIS 11 million in 2025, NIS 26 million in 2026, and NIS 44 million in 2027 and beyond. The pricelist update is subject to approval from TASE's Board of Directors and the Israel Securities Authority. TASE will publish a draft proposal for public comments before implementation.
The Tel Aviv Stock Exchange (TASE) is set to launch its futures market on September 1, 2024, offering contracts on the TA-35, TA-90, and TA-Bank-5 indices. This initiative is part of TASE's strategic plan to develop the Israeli capital market and increase trading and liquidity. Idan Financial Instruments has been appointed as the first market maker for these futures contracts.
The market maker will ensure stable bid and ask quotes with competitive spreads, aiming to enhance efficiency and accuracy in futures trading. This move is expected to promote market confidence, contribute to liquidity, and reduce trading costs for investors. The launch aligns with TASE's broader strategy to expand its range of financial products and develop the derivatives market.
The Tel Aviv Stock Exchange (TASE) is set to publish its financial statements for the second quarter of 2024 on August 7, 2024, after market close. The reports will be accessible on TASE's MAYA website, the Israel Securities Authority's MAGNA site, and TASE's Investor Relations page.
A conference call, hosted by CEO Ittai Ben-Zeev and CFO Yehuda Ben Ezra, will follow at 8:00 PM (Israeli time) on the same day. This call will review the financial results and include a Q&A session. Call-in details for various regions are provided, and a recording will be available the following day.
The conference call will be in English and accompanied by a presentation available on specified websites. Participants are encouraged to review the detailed financial statements for comprehensive information.
The Tel Aviv Stock Exchange (TASE) announced the release of its financial statements for the period ending December 31, 2022, scheduled for March 28, 2023, after market close. The financial results will be available on TASE's MAYA website and the Israel Securities Authority's MAGNA website. A conference call will follow at 8:30 PM (Israeli time), hosted by CEO Ittai Ben-Zeev and CFO Yehuda Ben Ezra, for investor review and Q&A. A recorded version of the call will be uploaded to the Company’s website afterward.
