A New Bulge Bracket Firm Will Join TASE: Jefferies Will Become A Remote Member Of The Tel Aviv Stock Exchange

In the last few years, Jefferies has become one of the biggest and most important international players in capital markets and financial transactions for Israeli high-tech and healthcare companies. Jefferies has vast knowledge and deep experience with Israeli high-tech, biotech and medtech companies and an in-depth understanding of their business and financial needs and goals. The remote membership in TASE will enable Jefferies to deepen the exposure of the Israeli high-tech and healthcare companies to their investors.

Ittai Ben Zeev, TASE CEO: "We are proud that Jefferies, an international leading bulge bracket investment bank, decided to become a remote member of TASE, which expresses its confidence in Israel’s capital markets and the Tel Aviv Stock Exchange. This is part of our strategic plan and aspiration to expose the TASE listed companies to international investors. We believe that our relationship with Jefferies will promote our long-term goal of becoming a high tech exchange.”

 In a joint statement, Rich Handler, Chairman and CEO, and Brian Friedman, Chairman, Executive Committee, of Jefferies, commented: “We are pleased to become a remote member of the Tel Aviv Stock Exchange. Having followed the Exchange’s growth over the last several years, we believe now is the right time to join and look forward to continuing to develop our participation in the Israeli capital markets.”

“The decision to apply for remote membership of the Tel Aviv Stock Exchange is part of Jefferies’ broader commitment to business in Israel and to the TASE itself,” added Natti Ginor, Head of Israel Markets at Jefferies. “Our firm has been doing business in Israel for over 20 years, and as we remain focused on the many opportunities in the country, a stronger association with the TASE is a natural next step. We look forward to facilitating the ongoing growth of the exchange and its listed companies as we continue to highlight the already-vibrant and dynamic Israeli marketplace to global investors.”