Tel Aviv Stock Exchange May Buy New Trading Platform, CEO Says

The Tel Aviv Stock Exchange will make a decision on a new trading platform by the end of the year, said Chief Executive Officer Ester Levanon.

The bourse would “prefer to buy an existing system from a leading exchange” rather than develop its own, Levanon told reporters at a breakfast in London today. “By the end of 2011, we will know what direction we are taking, then we will start planning.”

To contact the reporter on this story: Namitha Jagadeesh in London at

To contact the editor responsible for this story: Gavin Serkin at

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.