TASE Unveils Strategic Plan Aiming for Higher Revenue Growth and Global Expansion
The Tel Aviv Stock Exchange (TASE) has announced a new strategic plan covering fiscal years 2027-2031, aiming to accelerate revenue growth from its previous target of 10%-12% annual organic growth to 15%-18%. The strategy includes expanding global activity and connectivity with international capital markets, enhancing trading infrastructure through technology, and exploring extended trading hours. TASE also plans to develop data-driven products using AI, tokenization, and distributed ledger technologies (DLT) as key drivers of future revenue. The plan builds on the success of its 2023-2027 strategy, which exceeded growth targets while improving market activity and profitability. CEO Ittai Ben Zeev emphasized TASE's transformation into a more international and technology-focused exchange that supports global investor access to Israel’s resilient economy. Key initiatives include dual-currency trading for eligible securities, improved English-language content for foreign investors, and potential partnerships both domestically and internationally.
Topics: capital markets global expansion revenue growth technology infrastructure