Migdal Insurance and Financial Holdings has engaged with TASE in a tailor-made market-making program for its shares, as part of TASE’s initiative of offering listed companies a unique track customized to their specific needs.
The participation of insurance companies in the market-making program, coinciding with the transition to Monday-Friday trading, demonstrates a deep commitment to foreign investors who view market making as a clear competitive advantage. Migdal's share is among the most liquid on TASE, attracting an average daily turnover of NIS 51 million over the last 90 trading days.
Itai Yanai, Head of Financial & Resources Division at Migdal Insurance and Financial Holdings, stated: “Migdal’s recent return to the TA-35 index underscores the market’s deep confidence in our Group's enduring strength. As a leader in the economy, we are dedicated to providing our investors with more than just financial results - we are building a world-class trading infrastructure for our share, and continuously evolve to ensure the highest global standards for our shareholders. This market-making program serves as a natural strategic step toward ensuring maximum liquidity.”
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Yaniv Pagot, EVP, Head of Trading at TASE: “Israel’s corporate leaders recognize that market making is more critical than ever, especially for the flagship TA-35 index constituents. Our tailor-made program consistently proves its value, with market makers significantly enhancing liquidity. As we transition to Monday-Friday trading, international investors are expanding their TASE presence, placing a premium on quote quality and order book depth.” |
As part of Migdal’s tailor-made program, TASE will approach entities that are experienced in the supply of liquidity in securities and financial products and are interested in being appointed as market makers.
The program will be managed by TASE, in full coordination with Migdal, in line with the program's defined objectives. TASE will contract with the selected market makers and provide regular liquidity reports to the company regarding the program's performance.
In the coming days, TASE will publish a special review featuring findings on the impact of tailor-made market making.
The deadline for market maker applications to TASE is February 12, 2026.
