Israel – TASE Deadline Extension on Short Selling Consultation

Israel – TASE Deadline Extension on Short Selling Consultation

On 12 September 2021, ISR TASE announced a deadline extension for consultation to 7 October 2021.

  • Re its proposal to amend Chapter E in the third part of Stock Exchange's Articles of Association and Chapter G of the guidelines thereunder.
  • The rules on short selling were written many years ago; the changes over time introduced corrections but did not align with developments in the capital market.
  • Trading on stock exchange did not receive full expression in these changes, created gaps in a number of cases, rules of stock exchange that changes intend to bridge.