Once Israel became a state in 1948, the opportunity to grow the exchange became more realistic. The securities market became official in 1953, and it became what we know today as the Tel Aviv Stock Exchange. In 1999, the TASE transitioned completely to online trading. It’s regulated by the Israel Securities Authority and other bodies like the Maof Clearing House and TASE Nominee Company.
This market is open Sunday through Thursday so investors can have some overlap with U.S. market hours.
Israel, which was previously known as the State of Israel, is a country that lies on the shores of the Red Sea and the Mediterranean Sea.
This West Asian country shares borders with other states like Jordan, Lebanon, and Syria.
Tel Aviv, for which the TASE is named for, is Israel’s scientific and economic center. The capital of Jerusalem is where its seat of government lies.
When compared with other countries around the world, Israel ranks very high for factors like:
- Percentage of citizens with a post-secondary degree
- Life expectancy
- Women’s safety
With a population of around 9 million people, Israel is a thriving country filled with a lot of interesting culture and history. Residents can visit spots like the Western Wall and Tower of David Museum to learn about Jewish heritage.