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Full coverage· Economy· Updated

Harel Finance Seeks Stock Exchange Membership

Harel Finance has applied to become a member of the Tel Aviv Stock Exchange through its subsidiary, Harel Securities Trading. The move aims to expand its services to private clients, offering direct access to trading in Israeli and international markets. The application is pending approval from the TASE board.

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What happened

  1. 01Harel Finance applied to become a member of the Tel Aviv Stock Exchange via its subsidiary.
  2. 02The new trading platform will offer diverse services to private clients in Israel and abroad.
  3. 03Elad Simas was appointed CEO of the new Harel Securities Trading company.
  4. 04Harel Finance manages over NIS 200 billion in assets.
  5. 05The TASE CEO welcomed the application, citing increased competition and accessibility.
  6. 06Membership is subject to approval by the TASE board of directors.

This development is seen as a significant strengthening of the Israeli capital market.

Translated and summarized by baba from Ice, the latest report. Read Ice’s original

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