U.S. financial services firm Jefferies will join the Tel Aviv Stock Exchange (TA...
FILE PHOTO: A man enters the Tel Aviv Stock Exchange, in Tel Aviv, Israel January 29, 2017. REUTERS/Baz Ratner
Jefferies will become the second remote member of the TASE along with Merrill Lynch International. A remote member does not have a permanent representation or branch in Israel. Israel’s securities regulator separately said the addition of Jefferies would boost competition in the market and open Israel’s capital market to the world’s leading markets.
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