Tel Aviv Stock Exchange links up with London and BSO
Network provider BSO is linking up with London and the Tel Aviv Stock Exchange (TASE), which would allow the trade of Israeli stocks without the need to invest in long-haul infrastructure.
The firms say the BSO selection will use low-latency connectivity and ensure investors can access the Israeli market.
“As part of TASE’s strategic plan to encourage international investors to trade on TASE, to expand trading volumes and improve liquidity, we are proud to cooperate with BSO,” says Ittai Ben-Zeev, CEO at TASE.
Fraser Bell, CCO at BSO, adds: “Our agreement with the Tel Aviv Exchange reinforces our continued commitment to providing the electronic trading community with continuous and stable access to the most prosperous markets.”
As TASE seeks to ramp up its trading activity, it says BSO can meet the network demands.
The deal is the latest in a line of international markets focused agreements BSO has struck, following announcements with Sucden Financial, RJO Brien and the CME Group.
Recently, we reported that alongside Accenture and innovation centre The Floor, TASE plans to unveil a new blockchain securities lending platform powered by Intel.