The Tel Aviv Stock Exchange Ltd. is considering restricting undisclosed off-exchange transactions and offering incentives to encourage market-making in major shares, among other measures aimed at improving the capital market's transparency and enhance liquidity.
The stock exchange intends to require all transactions to be reported in real time to the public, permit engagement in off-exchange transactions only for transactions in securities that are considered iliquid or exceed a stipulated minimum size, and enact changes in off-exchange clearing to encourage on-exchange trades.
TASE is also considering offering market-making incentives for its TA-35 index shares to stock exchange members meeting certain criteria.