Jump to Main ContentJump to Primary Navigation

Tel Aviv Stock Exchange boss to step down

    Esther Levanon, CEO of the Tel Aviv Stock Exchange, will step down at the end of the year
    Esther Levanon, CEO of the Tel Aviv Stock Exchange, will step down at the end of the year

    Esther Levanon, the CEO of the Tel Aviv Stock Exchange, will step down at the end of the year.

    A spokesperson said the decision came “at her own request”.

    A successor has yet to be announced.

    Ms Levanon, who joined the TASE in 1986, lobbied for the inclusion of the exchange on Morgan Stanley’s European index. She told the JC that the decision to bar Israel had cost the country up to $2 billion.

    She is responsible for extending the exchange’s trading hours by one hour last month, to encourage Israel-European trade.

    She said: “By aligning TASE trading hours with those of leading European exchanges, we believe it will promote higher trading volume, encourage arbitrage trading by local and foreign investors and improve liquidity.”

    TASE trade was down by 44 per cent between 2010 and 2012.

    After 28 years at the exchange, she said: "It's time to say goodbye and leave it to others.

    "Everyone wants to leave when volumes are at $4 billion and the economy is booming - but life doesn't go like that."

Israel

Shabbat shop ban demand

Anshel Pfeffer

Thursday, April 27, 2017

Shabbat shop ban demand
Israel

Israel fire eyewitness: 'We were trying to out-...

Orlando Radice

Thursday, December 1, 2016

Israel fire eyewitness: 'We were trying to out-...
Israel

Arabs and Palestinians around the world celebra...

JC Reporter

Friday, November 25, 2016

Arabs and Palestinians around the world celebra...
Israel

‘Gifts for Bibi’ investigation is ‘in final straight’

Anshel Pfeffer

Wednesday, January 25, 2017

‘Gifts for Bibi’ investigation is ‘in final straight’
Israel

Meet the rabbi that's making waves

Tim Marshall

Thursday, December 1, 2016

Meet the rabbi that's making waves
Israel

Tens of thousands evacuated as bush fires rage ...

JC Reporter

Thursday, November 24, 2016

Tens of thousands evacuated as bush fires rage ...
Israel

Israel on fire: Counting cost of a nationwide i...

Anshel Pfeffer

Thursday, December 1, 2016

Israel on fire: Counting cost of a nationwide i...
Israel

Israeli navy submarine deal could be sunk

Anshel Pfeffer

Israeli navy submarine deal could be sunk
Israel

New cases for the Negev's genetic detective

Nathan Jeffay

New cases for the Negev's genetic detective