March 3, 2010, Updated September 24, 2012

Early last month, the Tel Aviv Stock Exchange and the Toronto Stock Exchange announced the signing of a Memorandum of Understanding (MoU) to formalize cooperation between the markets.

Under the MoU, the exchanges will work to broaden relations between them by developing channels of communication; advancing opportunities for cross listing; supporting the respective regulatory authorities to develop a mutual recognition agreement; exploring the development and listing of financial instruments tracking the other’s market indices; initiating joint conferences, and more.

Established in September 1935, the Tel-Aviv Stock Exchange is Israel’s sole stock exchange, offering a range of products to investors including equity, corporate bonds, treasury bills and notes, index products and derivatives.

As of January 2010, the exchange’s market capitalization in equities was over $216 billion. In recent years, the exchange has enhanced its international presence, signing MoUs with the London Stock Exchange (England), NASDAQ (US), the Shanghai Stock Exchange (China) and NYSE-Euronext (US & Europe).

Fighting for Israel's truth

We cover what makes life in Israel so special — it's people. A non-profit organization, ISRAEL21c's team of journalists are committed to telling stories that humanize Israelis and show their positive impact on our world. You can bring these stories to life by making a donation of $6/month. 

Jason Harris

Jason Harris

Executive Director

Read more: