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Meitav Market Making and Migdal Market Making Selected as Designated Market Makers for Bank Mizrahi Tefahot Share in TASE's Tailor-Made Market Making Program

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TASE (TASE: TVAVF) has announced the selection of Meitav Market Making and Migdal Market Making as designated market makers for Bank Mizrahi Tefahot shares. This follows the bank's entry into TASE's tailor-made market making program in August 2025.

The market makers will be required to maintain continuous quotes with a minimum volume of NIS 400,000 and a maximum spread of 0.25%. The program aims to enhance liquidity for Bank Mizrahi Tefahot shares, which currently have an average daily trading volume of NIS 111 million over the last 90 days.

The program will commence on September 7, 2025, and run for one year, focusing on improving trading efficiency and attracting both institutional and international investors.

TASE (TASE: TVAVF) ha annunciato la nomina di Meitav Market Making e Migdal Market Making come market maker designati per le azioni di Bank Mizrahi Tefahot. La decisione segue l’ingresso della banca nel programma di market making su misura di TASE, avvenuto ad agosto 2025.

I market maker dovranno mantenere quotazioni continue con un volume minimo di 400.000 NIS e uno spread massimo dello 0,25%. Il programma è volto ad accrescere la liquidità delle azioni di Bank Mizrahi Tefahot, che hanno registrato un volume medio giornaliero di scambi di 111 milioni di NIS negli ultimi 90 giorni.

Il programma avrà inizio il 7 settembre 2025 e durerà un anno, con l’obiettivo di migliorare l’efficienza delle negoziazioni e attrarre investitori istituzionali e internazionali.

TASE (TASE: TVAVF) ha anunciado la designación de Meitav Market Making y Migdal Market Making como market makers designados para las acciones de Bank Mizrahi Tefahot. Esta decisión sigue a la incorporación del banco al programa de market making a medida de TASE en agosto de 2025.

Los market makers deberán mantener cotizaciones continuas con un volumen mínimo de 400.000 NIS y un spread máximo del 0,25%. El programa busca mejorar la liquidez de las acciones de Bank Mizrahi Tefahot, que registran un volumen medio diario de negociación de 111 millones de NIS en los últimos 90 días.

El programa comenzará el 7 de septiembre de 2025 y tendrá una duración de un año, centrado en aumentar la eficiencia del trading y atraer a inversores institucionales e internacionales.

TASE (TASE: TVAVF)Meitav Market Making과 Migdal Market Making을 Bank Mizrahi Tefahot 주식의 지정 마켓메이커로 선정했다고 발표했습니다. 이번 결정은 해당 은행이 2025년 8월 TASE의 맞춤형 마켓메이킹 프로그램에 참여한 데 따른 것입니다.

지정 마켓메이커는 최소 400,000 NIS의 거래량과 최대 0.25%의 스프레드를 가진 지속적 호가를 유지해야 합니다. 이 프로그램은 지난 90일간 일평균 거래량이 111백만 NIS인 Bank Mizrahi Tefahot 주식의 유동성 제고를 목표로 합니다.

프로그램은 2025년 9월 7일에 시작되어 1년간 운영되며, 거래 효율성을 개선하고 기관 및 해외 투자자 유치를 중점으로 진행됩니다.

TASE (TASE: TVAVF) a annoncé la désignation de Meitav Market Making et Migdal Market Making en tant que market makers désignés pour les actions de Bank Mizrahi Tefahot. Cette décision fait suite à l’entrée de la banque dans le programme de market making sur mesure de la TASE en août 2025.

Les market makers devront maintenir des cotations continues avec un volume minimum de 400 000 NIS et un spread maximal de 0,25 %. Le programme vise à renforcer la liquidité des actions de Bank Mizrahi Tefahot, qui affichent un volume moyen quotidien de transactions de 111 millions de NIS au cours des 90 derniers jours.

Le programme débutera le 7 septembre 2025 et s’étendra sur un an, avec pour objectif d’améliorer l’efficacité des échanges et d’attirer des investisseurs institutionnels et internationaux.

TASE (TASE: TVAVF) hat die Ernennung von Meitav Market Making und Migdal Market Making als Designated Market Maker für die Aktien der Bank Mizrahi Tefahot bekanntgegeben. Dies folgt dem Eintritt der Bank in das maßgeschneiderte Market-Making-Programm der TASE im August 2025.

Die Market Maker sind verpflichtet, kontinuierliche Kurse mit einem Mindestvolumen von 400.000 NIS und einem maximalen Spread von 0,25 % zu stellen. Das Programm zielt darauf ab, die Liquidität der Aktien der Bank Mizrahi Tefahot zu verbessern, die in den letzten 90 Tagen ein durchschnittliches tägliches Handelsvolumen von 111 Mio. NIS aufwiesen.

Das Programm beginnt am 7. September 2025 und läuft über ein Jahr mit dem Schwerpunkt, die Handelseffizienz zu steigern und institutionelle sowie internationale Investoren anzuziehen.

Positive
  • Implementation of market making program expected to enhance share liquidity
  • Reduction in trading costs through narrower bid-ask spreads
  • Potential to attract more institutional and international investors
  • Already strong daily trading volume of NIS 111 million demonstrates market interest
Negative
  • None.

The market making in Bank Mizrahi Tefahot share will enhance liquidity, reduce trading costs and attract greater interest from both institutional and international investors

TEL AVIV, Israel, Sept. 2, 2025 /PRNewswire/ -- TASE (TASE: TASE) announces today the selection of two leading financial entities – Meitav Market Making and Migdal Market Making as designated market makers for Bank Mizrahi Tefahot share. This follows Bank Mizrahi Tefahot recent entry into the TASE's innovative tailor-made market making program in August, which allows public companies to choose a dedicated market-making model suited to their specific needs.

With an average daily volume of close to NIS 111 million over the last 90 days, Bank Mizrahi Tefahot's shares are highly liquid. The adoption of this program is aimed at generating value and providing enhanced tools for both local and international investors in the share, as well as reducing the cost of acquiring the share on TASE. This will be achieved by increasing quoted volumes in the order book and narrowing bid-ask spreads, particularly for larger quantities, beyond current levels.

The two financial entities appointed as market makers will be required to continuously quote every day in Bank Mizrahi Tefahot order book, maintaining a minimum volume of NIS 400 thousand and a maximum spread of 0.25%. These parameters are expected to significantly enhance current liquidity levels, reduce transaction costs for investors, and increase the attractiveness of the share for both institutional and international players.

Bank Mizrahi Tefahot tailor-made market making program will be managed by TASE in full coordination with the bank in accordance with mutually agreed targets.

The program is set to commence on September 7, 2025, and will run for one year.

Contact:
Orna Goren
Head of Communication and Public Relations Unit
Tel: +972 76 8160405
tase.ir@tase.co.il

Cision View original content:https://www.prnewswire.com/news-releases/meitav-market-making-and-migdal-market-making-selected-as-designated-market-makers-for-bank-mizrahi-tefahot-share-in-tases-tailor-made-market-making-program-302543677.html

SOURCE The Tel Aviv Stock Exchange Ltd.

FAQ

What is the purpose of TASE's market making program for Bank Mizrahi Tefahot shares?

The program aims to enhance liquidity, reduce trading costs, and attract greater interest from institutional and international investors by maintaining continuous quotes with specific volume and spread requirements.

Who are the designated market makers for Bank Mizrahi Tefahot shares?

Meitav Market Making and Migdal Market Making have been selected as the designated market makers for Bank Mizrahi Tefahot shares on TASE.

What are the specific requirements for market makers under this program?

Market makers must maintain continuous daily quotes with a minimum volume of NIS 400,000 and a maximum spread of 0.25%.

When does the TASE market making program for Bank Mizrahi Tefahot begin?

The program is scheduled to begin on September 7, 2025 and will run for one year.

What is the current trading volume for Bank Mizrahi Tefahot shares?

Bank Mizrahi Tefahot shares have an average daily trading volume of NIS 111 million over the last 90 days.
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