Sales & Trading

Harel has many years of experience in the area of broking, more recently, with the growth in the TASE market,the activity within the broking division has accelerated and broadened to include many institutional client and corporate companies.

Sales & trading provide services in Domestic equities & bonds, Foreign bonds and Foreign currency.

Our client base includes Domestic and Foreign institutions, Foreign bond desks globally as well as many private and public corporate companies.

The team is dedicated to the market standard of "best execution", exhibiting professionalism, honesty and discretion at all times.

The department's high level of service is complemented via its strong relations with all the major institutional bodies and corporate companies in the israeli market.

Market commentary from the desk comes in the form of Daily Morning Comment on the domestic market and a Weekly Review from the foreign bonds desk and timely text messages following company announcements or economic releases.

Research

Macro Research
Led by Dr Michael Saral (Phd from Harvard University, BSc in economics from the Hebrew University) the economics department of Harel produces Macro Research for the group.

Commentary covers Israel, North America, the Eurozone and Japan.

Published both in Hebrew and English on a weekly and monthly basis.

Immediate responses/analysis to economic data and statistical releases.

Micro Research
Focused through sectors with additional emphasis on strong specific stock ideas through bottom up analysis.

Research includes Initation of Coverage Notes, timely Previews and Reviews of all company results and Full Analysis of Company Results as well as individual ad hoc stock ideas/changes of recommendations.

Market Making

Experienced Market Makers enable the department to provide Listed Companies with professional, dynamic and efficient market making services.

Currently, Israel is a Market Maker in high 10's of stocks and a growing number of corporate bonds.

In addition the firm places emphasis on strong credit controls.

Market maker in high 10's of stocks and a number of corporate bonds.