Nihad Talal Nihad Kamal

General Manager

Address Asal Building, 7th Floor, Rafidya street, Nablus, Palestine
Telephone +970 or +972 9 2390999
Fax+970 or +972 9 2390998
Contact Person Ahmad Safi
+970 or +972 9 2390999
FEAS Membership Status Full Member: Joined FEAS in 2000

PEX was Established in 1995 as a private company aimed at promoting investment in Palestine the PEX held its inaugural trading session in February 1997. In 2010 PEX transformed itself to become the second publicly traded Arab stock exchange entirely owned by the private sector.

The Exchange provides investors with a fair transparent and fully automated trading venue. It focuses on attracting a wide range of regional and global investors including those among the Palestinian Diaspora. PEX is financially sound and able to weather a volatile world as demonstrated by its performance relative to other MENA exchanges during the global financial crisis.

Since inception the Palestine Exchange has leveraged the latest technology to ensure maximum transparency integrity and investor protection. PEX trading surveillance and CSD was always carried out using NASDAQ OMX systems. In 2019 trading will be shifted to NASDAQ’s next-gen “X-Stream” platform.

PEX listed companies are divided into five sectors: banking and financial services insurance investment industry and services. Shares trade in Jordanian dinars and US dollars. PEX member securities companies (brokerage firms) operations are extended across the West Bank and Gaza Strip and authorized custodians are available to work on behalf of foreign investors.

PEX is Classed as “Frontier Market” by FTSE Russell and as a stand-alone country within both MSCI and S&P indices the Palestine Exchange maintains an international presence via membership in several organizations including the World Federation of Exchanges (WFE) the Federation of Arab Stock Exchanges the Federation of Euro-Asian Stock Exchanges (FEAS) the Forum of Islamic Stock Exchanges the Africa & Middle East Depositories Association (AMEDA) and the Association of National Numbering Agencies (ANNA).

PEX is registered (562601187) with the Companies Controller at the Ministry of National Economy and operates under the supervision of the Palestinian Capital Market Authority.


To be a model national stock exchange with an international profile.


To provide a world-class trading environment characterized by equity transparency and efficiency.


  • Offer a trading environment designed to serve and protect investors.
  • Increase community awareness of financial markets and products.
  • Forge strong relationships with domestic and international financial institutions and associations.
  • Develop investment products that attract Palestinian Diaspora and foreign capital.
  • Increase market depth and offer an increasingly broad range of financial tools and services.
  • Foster an efficient innovative and professional working environment by investing in human capital and state-of-the-art technology.

RegulatorPalestine Capital Market Authority
Instrument ListEquity
Trading Hours/SessionsPre-opening session9:45 – 10:00
Opening session10:00
 Continuous trading session10:00 – 13:00
Pre-Close13:00 – 13:30
Closing session13:30
Order TypesFixed price order / Market price order / Day order / Good till date order / Open order
SpreadsPrice limit up and down: (7.5%) for shares listed in the first market and (5%) for shares listed in the second market and (5%) for listed Bonds.
Settlement TypesBIS Model 2
Settlement CycleT+2
Settlement CurrencyUSD / JOD
Anti-money laundering RequirementsApplied – as per the PCMA instructions (04/2016). PEX is also a member at the Anti money laundering national assessment
IOSCO MembershipThe regulator “PCMA” is an IOSCO full member

Working days
Country Palestine
Time Zone GMT+3
Days Monday / Tuesday / Wednesday / Thursday / Sunday /