The Philadelphia Stock Exchange (PHLX) and Hapoalim Securities USA, Inc. announced today that the Hapoalim American Israeli IndexTM (HAISM) will begin trading tomorrow, December 13, and will be launched with an opening bell ceremony at the Philadelphia Stock Exchange.
Remarks will begin at 9:20 a.m. Photography is permitted.
The Hapoalim American Israeli IndexTM (HAISM) is an equal dollar weighted index consisting of 15 highly capitalized Israeli companies that trade significant volumes of ordinary shares or American Depository Receipts (ADR) in the U.S. HAI contains companies that have significant market capitalization and are actively traded and include technology and bio-pharmaceutical companies which account for a major portion of international trade.
Susquehanna Investment Group (SIG) will act as the specialist.
Hapoalim Securities USA, Inc. is a subsidiary of Bank Hapoalim B.M., Israel’s largest bank, whose assets exceed $60 billion.
The Philadelphia Stock Exchange was founded in 1790. The PHLX trades more than 7,000 stocks, 2,308 equity options, 16 sectors index options and currency options. For more information about the PHLX and its products, visit www.phlx.com.
