NYSE Teams With Tel Aviv Exchange for Dual Listings
December 06 2022 - 12:30PM
Dow Jones News
By Dean Seal
The New York Stock Exchange has agreed to a broad collaboration
arrangement with the Tel Aviv Stock Exchange that provides for the
potential dual listing of public companies.
The two exchanges said Tuesday that they have signed a
memorandum of understanding, under which they will explore ways to
find dual-listing candidates, promote the benefits of dual listings
and support related market activities.
Listing companies on both the NYSE, which is the world's largest
stock exchange by market capitalization and owned by
Intercontinental Exchange Inc., and Israel's only public stock
exchange would broaden the investor pool for those securities and
give investors exposure to "two of the world's most innovative
economies," the exchanges said.
The exchanges also said they would consider the development of
new products in the environmental, social and governance space,
among others.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
December 06, 2022 12:15 ET (17:15 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
Intercontinental Exchange (NYSE:ICE)
Historical Stock Chart
From Aug 2024 to Sep 2024
Intercontinental Exchange (NYSE:ICE)
Historical Stock Chart
From Sep 2023 to Sep 2024