Psagot Exchange Traded Notes is the oldest exchange traded notes management company in Israel. In May 2000, Psagot launched the first exchange traded note in Israel tracking TA 25 Index.
Today, the company manages assets in excess of 7* BNIS, by means of 50 exchange traded notes that track the stock indices in Israel and abroad, indices of bonds, currencies and commodities.
In July 2008, Psagot launched the most modern exchange traded note trading room in Israel, with sophisticated trading systems and approximately 35 traders, service and risk management managers.
Psagot is a pioneer in the smart index revolution in Israel and is leading a new direction in the capital market - smart exchange traded notes based on indices with economic logical: Fundamental Indexation.
Psagot's Exchange Traded Notes Advantages
Continuance and on- going trading
Wide note supply of bond indices, stocks in Israel and abroad, dividend indices, commodities and foreign currency.
Professional, personal, rapid and transparent service.
Unique consultants telephone service center and institutional trading desk.
Psagot's Economy of scale in Exchange Traded Notes
Psagot Exchange Traded notes benefits from the strong back of Israel’s largest investment house and invests significant resources in sophisticated trading systems and development of unique systems.
Collaborations with international bodies that support offerings of unique exchange traded notes on indices abroad.
Monitoring systems – The Psagot Group established a significant array consisting of economists, accountants and attorneys responsible for handling issues of control and compliance in the investment house and all its subsidiaries. Psagot emphasizes auditing hours beyond legal requirements and preserves the strict monitoring procedures that bind the banking system in Israel, and has done so since it was a subsidiary of a banking corporation (owned by Bank Leumi).
Tal Vardi
CEO of Psagot Exchange Traded Notes
Graduate of economics and business administration at the Hebrew University. Over 22 years of experience in the capital market and trading rooms. Has served as the CEO of Psagot Exchange Traded Notes since 2005.