Our Standards: The Thomson Reuters Trust Principles. Steven Schoenfeld, founder and chief investment officer of BlueStar, which builds indexes for investors seeking to invest in Israeli companies listed worldwide, said the structural change is a “very positive” first step toward allowing the exchange to achieve its “enormous potential as a business.”. “It’s this thing others should have done but didn’t. “It can only get better from here,” she said. It has so far failed in its mission, but contrary to … The company he founded 17 years ago when looking for payment options for another business he was involved in raised aggregate gross proceeds of US$805 million — US$730 million for Nuvei and US$75 million for shareholder Novacap Management Inc. — from offering up more than 30 million subordinate voting shares at US$26 per share last week. Parliament resumes full operations today with debate on throne speech, Britain's Labour accuses government of being too slow with business help, Factbox: EU proposes first bloc-wide 'passport' for crypto-assets, LeBron react to indictment in Taylor case, Drew Barrymore, Paris Hilton Bond Over Time In Solitary Confinement In Emotional ‘Drew Barrymore Show’ Interview, Duchess Kate wore a beautiful necklace featuring a sweet tribute to her kids, Massachusetts Construction Worker Dies After Eating Black Licorice Every Day for a 'Few Weeks', I Make Vietnamese Egg Coffee When I Want Caffeine and Dessert at the Same Time, Lordstown Motors claims it has 40,000 preorders, shows off its new interior, Throne speech breathes new life into an old, empty promise: a national child-care program, Hong Kong activist Wong arrested over unauthorized assembly, One dead, two seriously injured after crash on Laval’s Highway 440, Jamal Murray's leap puts everything on the table for the Nuggets, The Croods: A New Age Sees Cave Family Return 7 Years After Original Movie: Watch the Trailer, 3 new cordless KitchenAid gadgets our food director loves, Missouri Gov. By Easter Sunday, a deal was inked. For more details please see our privacy policy. A complete and detailed comparison of advantages and disadvantages depends on the specifics of each company. The decision is in line with Ben Zeev’s vision of revamping the market, enhancing liquidity and expanding services. Revenue slipped 2 percent to 64.6 million shekels due to a decline in trading volumes. Bank Leumi LUMI.TA, First International Bank of Israel FTIN.TA, Bank of Jerusalem JBNK.TA and Union Bank UNON.TA put out statements that they had agreed to sell all or most of their shares. The exchange will distribute 30-50 percent of its ongoing profits starting in 2020 as a dividend.