Canada’s leading equity markets have expanded into Israel in a bid to attract Israeli companies and strengthen relationships with the country’s business community.

The Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) announced on Monday that they are currently exploring opportunities in Israel as part of the international growth strategy of both exchanges. As part of the decision, the TMX Group Limited, which owns and operates the exchanges, has appointed an executive specifically dedicated to Israel operations, Israeli hi-tech industry veteran Yossi Boker.

“Our mandate is to raise the profile of our premier markets around the world,” said Nick Thadaney, president and CEO of Global Equity Capital Markets at TMX. “Boker’s vast experience and expertise in the Israeli market will enable us to more effectively promote the advantages of TSX and TSXV’s unique capital formation ecosystem and to potential clients and to better support Israeli companies listing on our exchanges.”

Prior to the official expansion of TSX and TSXV, there were six Israeli companies listed on the exchanges, with a market capitalization of approximately $3 billion, according to the TMX Group.

Please click here for the complete Jerusalem Post article