Tel Aviv Stock Exchange Unveils Ambitious Strategy for Growth

The Tel Aviv Stock Exchange (TASE) has launched a new strategic plan for 2027-2031, aiming for an ambitious average annual revenue growth of 15-18%. This plan, approved by the TASE board, builds upon the success of its previous strategy, which achieved revenue growth exceeding its 10-12% target.

The new strategy focuses on positioning the TASE as a more global, technological, and diversified exchange. Key initiatives include developing new growth engines in data, artificial intelligence, and the tokenization of financial assets. The exchange also plans to deepen strategic collaborations both domestically and internationally, and to promote the use of foreign currency in trading.

Further plans involve exploring dual-currency trading for certain securities and extending trading hours to better align with international markets. TASE intends to expand its data and information services, and to develop products integrating AI capabilities. Strategic investments and partnerships in Israel and abroad are also on the agenda, with potential corporate structure adjustments to facilitate entry into adjacent fields.

TASE CEO Itay Ben-Ze'ev stated that the new plan marks the next stage of development for the exchange and the Israeli capital market. He emphasized a focus on accelerating growth by leveraging the existing infrastructure, making the exchange more international, technological, and diverse in its revenue streams. Ben-Ze'ev highlighted the goal of increasing foreign investment in Israel and strengthening the connection between Israeli companies and global financial markets, citing the resilience of the Israeli economy and capital market.