Tel Aviv Stock Exchange (TLV) .TA

AAA

DEFINITION of 'Tel Aviv Stock Exchange (TLV) .TA'

The securities market in Israel. Securities exchange in Israel began in 1935 through the Exchange Bureau for Securities, before Israel was a state. Israel became a state in 1948, and its securities market became formalized in 1953 with the Tel Aviv Stock Exchange (TASE). Its major index since 1992 has been the TA-25, a capitalization-weighted index of the Exchange's largest 25 stocks.

INVESTOPEDIA EXPLAINS 'Tel Aviv Stock Exchange (TLV) .TA'

A privately-held company, the Exchange trades in stocks, convertible securities, corporate and government bonds, short-term certificates and a variety of derivatives. The TASE has used a fully electronic trading system for all trades since 1999 and is open Sunday through Thursday to allow a slight overlap with U.S. market hours. Its regulatory body is the Israel Securities Authority.

RELATED TERMS
  1. Stock Market

    The market in which shares of publicly held companies are issued ...
  2. Shareholder

    Any person, company or other institution that owns at least one ...
  3. Stock

    A type of security that signifies ownership in a corporation ...
  4. Market Share

    The percentage of an industry or market's total sales that is ...
  5. Composite

    A grouping of equities, indexes or other factors combined in ...
  6. Exchange

    A marketplace in which securities, commodities, derivatives and ...
Related Articles
  1. Stock Basics Tutorial
    Investing Basics

    Stock Basics Tutorial

  2. The Birth Of Stock Exchanges
    Personal Finance

    The Birth Of Stock Exchanges

  3. Getting To Know The Stock Exchanges
    Options & Futures

    Getting To Know The Stock Exchanges

  4. The Global Electronic Stock Market
    Trading Systems & Software

    The Global Electronic Stock Market

comments powered by Disqus
Hot Definitions
  1. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  2. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  3. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
  4. Net Sales

    The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any ...
  5. Over The Counter

    A security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, etc. The phrase "over-the-counter" ...
  6. Earnings Before Interest After Taxes - EBIAT

    A financial measure that is an indicator of a company's operating performance. EBIAT, which is equivalent to after-tax EBIT ...
Trading Center