Tel Aviv Stock Exchange to Consult Kazakh Bourse on Cybersecurity
This is the first time the Tel Aviv Stock Exchange provides cybersecurity consultancy services to another exchange
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AIX was established in October 2017 as part of the Astana International Financial Centre (AIFC). AIX’s main strategic partners are the Shanghai Stock Exchange and Nasdaq.
Founded in 1953, the TASE is home to over 455 listed companies with a total market value of approximately $230 billion.
In January, TASE announced that its shareholders agreed to sell 71.7% of their shares for an aggregated value of around $147 million (NIS 500 million), after an Israeli court approved the exchange’s demutualization in September 2017.
In February, Calcalist reported that the London Stock Exchange, the Toronto Stock Exchange, and the Singapore Exchange Ltd. all expressed interest in buying into the TASE, citing people familiar with the matter who spoke on condition of anonymity.