The Tel Aviv Stock Exchange (TASE) is launching an API-based system that for the first time allows direct and immediate access to its market data. The API-based system, named TASE Data Hub, will offer various data products that allow more insights on market activities and the development and review of trading and investment strategies. Improvements for the back office and operational efficiency can be expected for various market players.
TASE Data Hub will offer, through the “Smart Money” product, novel information on the activities of the major investors in the capital market – long term institutional investors and mutual funds, including access to daily and historical data of total purchases and sales by these actors in all securities that are listed on TASE, providing a deeper understanding of market trends.
The API-based system will include current daily data, end-of-day data and historical data, using quick connectivity and customized parameters, and is aimed at attracting interest from market players as well as high-tech and fintech entities to TASE as Israel leads in artificial intelligence and data analysis. Ittai Ben Zeev, CEO of The Tel Aviv Stock Exchange, said in a statement: “As part of our strategic plans, TASE will continue to pursue the technological advancement of the Israeli capital market.”
Allowing easier access to diverse data packages is essential to the advancement and improvement of the capital market, which has been a core strategy for TASE in recent years. The data packages on offer also include market announcements feed of all TASE companies’ messages, information on all parameters pertaining to inclusion in TASE indices and the weights of index components, daily updated historical data of all transactions in securities on and off TASE, complete end-of-day data for all TASE securities and indices and information on the schedule of companies’ financial reports and general assemblies.