20/02/2007 London Stock Exchange and Tel Aviv Stock Exchange sign MoU
20 February 2007
London Stock Exchange and Tel Aviv Stock Exchange sign MoU
The London Stock Exchange and the Tel Aviv Stock Exchange today signed a Memorandum of Understanding to formalise the existing strong ties between the two organisations.
To mark the signing of the Memorandum, the CEO of Tel Aviv Stock Exchange, Ms Esther Levanon, opened trading at the London Stock Exchange. Under the agreement, the London Stock Exchange and the Tel Aviv Stock Exchange will establish a series of regular meetings between senior executives and agree to exchange information, in order to facilitate orderly trading in the shares of companies admitted to both markets.
A total of 50 companies of Israeli origin are listed on the Exchange’s Main Market and AIM. Of these, 36 have joined in the last two years, and over this period more Israeli companies have listed on the Exchange than any other exchange outside of Israel.