Thursday July 10 2025
News Source: Global Exchanges
Focus: Trading Systems and Technology
Type: General
Country: Israel
On 9th July 2025, the Tel-Aviv Stock Exchange (TASE) announced the launch of a new trading phase, Trading at Last (TAL), which will enable the execution of trades at the security’s closing price after the closing auction phase.
The TAL phase will immediately follow the closing auction phase and will last 5-6 minutes. During the TAL phase, orders can be submitted without a price. These orders will be executed at the closing price determined after the closing auction, ensuring precise execution aligned with the customer’s needs.
The new trading phase has been approved as part of the ongoing enhancement of trading capabilities and expansion of the range of services and order types, pursuant to TASE’s strategic plan of upgrading the capital market, aligning it with international standards and enhancing the liquidity and accessibility of the Israeli capital market for international investors.
TAL will be available commencing on August 10th, 2025.
Click on the above link for further information