The Tel Aviv Stock Exchange announced today, March 18, 2026, that NewMed Energy, Israel’s largest and leading energy and oil and gas exploration partnership, has selected two leading financial institutions, Migdal Market Making and Meitav Market Making, to serve as market makers in the company’s units under the Exchange’s dedicated market making program, Tailor Made.
NewMed Energy is the first partnership from the energy and oil and gas exploration sector in the TA-35 Index to join the Exchange’s Tailor Made program, recognizing the importance of the initiative and aiming to strengthen its standing among international and local investors.
The two financial institutions that will provide market making services will be required to quote continuously each trading day in the order book of NewMed Energy’s units with a minimum volume of NIS 200,000 each and at a spread not exceeding 0.5%. The market makers are compensated based on the extent of their participation in trading and compete with one another, which leads them to show a high level of commitment to trading activity and thereby materially improves liquidity in the securities of companies that choose to participate in the program. Currently, eight financial institutions operate under the various liquidity programs run by the Exchange.
The program is managed by the Tel Aviv Stock Exchange, in full coordination with NewMed Energy and in accordance with the objectives set for the program.
The program will launch on Thursday, March 19, 2026.
