Tel Aviv Stock Exchange to Launch Futures Market on September 1, 2024
Idan Financial Instruments Appointed as First Market Maker
Expanding Trading Options and Liquidity
In line with its strategic plan to increase trading and liquidity, the TASE has appointed the market maker for futures contracts to be launched on
In its role as market maker, Idan Financial Instruments will work to ensure the existence of stable bid and ask quotes and competitive spreads in continuous trading, thus enabling market participants to enjoy greater efficiency and accuracy in futures trading.
Promoting Market Confidence and Reducing Trading Costs
The launch of futures contracts is part of the TASE's strategic plan to develop the derivatives market, expand the range of financial products offered, and increase trading and liquidity. The presence of a professional market maker will help to increase market confidence, contribute to liquidity and reduce trading costs for investors.
Commitment to Market Development
Alon Dangot, Head of Derivatives Market at TASE, said: "TASE is pleased to launch the futures market with three prominent underlying assets in conjunction with market maker
About the
Contact:
Head of Communication and Public Relations Unit
Tel: +972 76 8160405
tase.ir@tase.co.il
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