New York Stock Exchange NYSE 311 R.
(photo credit: ERIC THAYER / Reuters)
NEW YORK – The New York Stock Exchange celebrated its fifth annual Israel Day on
Tuesday by hosting a conference on Israeli business innovators and start-up
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Leaders from the America-Israel Friendship League – along
with a delegation of Israeli and American chief executive officers – rang the
market’s opening bell Tuesday, signifying the beginning of the trading
Attendees included Israel-America Chamber of Commerce chairwoman
Ofra Strauss and Tel Aviv Stock Exchange CEO Ester Levanon. AIFL chairman
Kenneth Bialkin and former Israeli ambassador to the UN Dan Gillerman led the
The Israeli presence on the American financial scene is
significant. The total market capitalization of the 14 Israeli companies listed
on NYSE Euronext markets is approximately $11.4 billion.
conference, titled “A Partnership of Business Innovation,” featured speakers
including Strauss, Israeli Ambassador to the UN Ron Prosor and Israeli
Consul-General Ido Aharoni.
Roundtable sessions at the end of the day
focused on showing that Israel can be a good partner for American businesses
both to increase exports and create jobs.
Tamar Guy, CEO of the
Israeli-American Chamber of Commerce, noted that this particular conference is
different from all other conferences in that where other meetings are highly
specialized, this one is deliberately broad. This is in order to serve as a
cross-section of the variety of opportunities available to cross-border
“The thing we’re trying to show is that partnership and
innovation are beneficial to both Israelis and Americans,” Guy said. “One of the
best places to create jobs in the US is through innovation, and the best source
for innovation is, naturally, Israel.”