Wednesday May 29 2013
News Source: Global Exchanges
Focus: Holidays and Opening Hours and suspensions
Type: General
Country: Israel
Link: http://www.tase.co.il/Eng/NewsandEvents/PRArchive/2013/Pages/PR_20130526.aspx
In its Thursday, 23 May 2013 meeting, the Tel Aviv Stock Exchange (TASE) Board of Directors approved an extension of TASE trading hours, which will come into effect on 16 June, 2013.
On Monday through Thursday, trading hours in equities, derivatives and bonds will be extended to 17:25. The rest of the trading schedule will remain unchanged.
The extension of trading hours is part of the on-going efforts to render TASE an attractive and highly accessible venue for foreign investors, by aligning TASE trading hours with those of leading European exchanges, and create an hour overlap with trading in New York. Those behind the Exchange believe it will promote higher trading volume, encourage arbitrage trading by local and foreign investors and improve liquidity.
Click on the above link for more details