In its Thursday meeting, (June 18,2020) the Tel Aviv Stock Exchange (TASE: TASE) Board of Directors approved the membership of Barak Capital Investments 2006 Ltd. as its first "Nostro member". A “Nostro Member" is a member that engages solely in proprietary trading.
The company is a subsidiary of the Barak Capital Group, whose core business is trading securities, derivatives and other financial instruments in Israel and abroad. Barak Capital has been a leading player in Israel's capital market since 2006, under the management of Mr. Eyal Bakshi.
Approval of Barak Capital as a proprietary member was made possible following TASE's initiative to remove barriers and encourage new TASE memberships, including for proprietary members, as outlined in TASE's strategic plan.
