ADVISORY, Nov. 26, 2007 (PRIME NEWSWIRE) --
What: Ms. Ester Levanon, CEO of the Tel Aviv Stock Exchange (TASE), will preside over the closing bell in honor of the signing of a Memorandum of Understanding (MOU) to formalize the relationship between the TASE and NASDAQ. Under the agreement, NASDAQ and TASE will develop the channels of communication between the two markets and work to facilitate the stronger trading of company shares admitted on both markets. After more than 26 years of commitment to Israel, NASDAQ currently has 70 Israeli companies listed on the exchange, with a combined global market cap of over US$60 billion. Where: NASDAQ MarketSite - 4 Times Square - 43rd & Broadway - Broadcast Studio When: Monday, November 26, 2007 at 4:00 p.m. ET Contacts: NASDAQ MarketSite: Jolene Libretto; 646.441.5220; Jolene.Libretto@nasdaq.com
Feed Information:
The closing bell is available from 3:50 p.m. to 4:05 p.m. on uplink IA-6 C-band/transponder 17. The downlink frequency is 4040 Vertical; Audio 6.2-6.8. The feed can also be found on Waterfront fiber 1623. If you have any questions, please contact Jolene Libretto at (646) 441-5220.
Radio Feed:
An audio transmission of the closing bell is also available from 3:50 p.m. to 4:05 p.m. on uplink IA6 C band / transponder 24, downlink frequency 4180 horizontal. The feed can be found on Waterfront fiber 1623 as well.
Webcast:
A live webcast of the NASDAQ Closing Bell will be available at: http://www.nasdaq.com/reference/marketsite_about.stm
Photos:
To obtain a hi-resolution photograph of the Market Close, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market close of your choice.
About the Tel Aviv Stock Exchange
Established in 1935, The Tel Aviv Stock Exchange is a fully-automated exchange with a central order book trading system. With approximately 633 listed companies and a total market capitalization of US$208 billion, The Exchange is a 'one-stop shop' for capital market activity in Israel, with an increasingly sophisticated range of products available to investors, including 120 ETFs (Index Products). The state-of-the-art Exchange is also home to the local investment community and securities sector. Today the market has become an advanced, top of the line venue for trading in securities of all types. For more information about the Exchange, visit the website at www.tase.co.il.