The Tel Aviv Stock Exchange announced today, that Doral Group has selected two leading financial institutions, Migdal Market Making and Proxima Dynamics, as market makers in the company’s shares under the Tel Aviv Stock Exchange’s Tailor-Made market making program. These two entities are prominent participants in the Israeli capital market, were chosen by Doral in order to enhance the liquidity and tradability of the company’s shares, with the aim of supporting increased participation by both local and foreign investors alike.
Doral Group is the first company included in the TA-90 Index to join the program, as well as the first company from the renewable energy sector, growing sector in the capital market and is now being supported through the Tailor-Made market making program. The TA-90 is strategically aimed at further boosting the share’s trading volume and liquidity to create greater value for both local and international investors.
To date, seven companies have joined the Tailor-Made market making program, all of them from the TA-35 Index.
TASE’s tailor-made market making program enables listed companies to enroll in a dedicated program catering to each company’s specific needs.
By incentivizing market makers to compete on trading volumes, the program ensures their high commitment, resulting in a significant boost to the liquidity of participating shares.
The two financial institutions, Proxima Dynamics and Migdal Market Making, appointed as market makers, will be required to quote daily in Doral’s order book, with a minimum volume of 250,000 NIS and a maximum spread of 0.6%. These quotes are expected to significantly enhance the share's liquidity, reduce buying and selling costs for investors, and increase the share’s attractiveness for institutional and international investors, as well as for the public.
The market making program is managed by TASE in full coordination with Doral Group and in accordance with mutually agreed targets. The program for Doral's shares is set to commence on April 16, 2026.
