Transaction room service

The transaction room provides personal and professional financial services in the OTC field of trading in currencies and interest rates, in Israeli and foreign commodities and securities.

Transaction room service

At your disposal is a team of experienced and skilled traders who are aided by the most advanced computer systems in the market, maintain direct and personal contact with you, identify opportunities and trends for you and provide you with a quick and professional response that is tailored to your unique needs.

Our clients include institutional entities, corporations, companies, investors, capital market clients, private clients, as well as local and foreign banks. Our team of traders will be happy to be at your disposal and to provide you with the financial services necessary for risk hedging and investment purposes.

The transaction room team will be glad to introduce you to all transaction room products and services and to adapt them to your needs.

The values that lead us:

Personal and direct – your personal trader in the transaction room, available to you so that you can receive up-to-date information in real time.

The professionals – our team consists of professional traders, experts in their field of work and highly experienced, who are familiar with the global markets and with the various financial instruments.

Personal customization – we specialize in customizing financial solutions and hedging products according to your own needs.

Leading to success – in our world view, the success of our clients in investing or hedging the risk is our success.

Harnessing progress to your service – we are also leaders in technology: our team has at its disposal advanced trading systems and information systems, which enable a continuous connection to all of the financial markets in the world, to global financial institutions and to international brokers – in order to receive up-to-date and competitive quotes.

We open up a world of possibilities for you – our clients benefit from access to a variety of products that are traded on the various stock exchanges all over the world.

E-commerce – the Discount Bank transaction room enables relevant customers to trade independently in the Israeli capital market (stocks and bonds) on the Discounttrade platform, and also enables currency trading independently in the WIND system.

Changing the method for measuring exposure in respect of non-tradable futures transactions (OTC)

For clients of the bank who carry out non-tradable futures transactions (OTC) with the bank, an exposure framework is set for these transactions.

For the purpose of calculating the utilization of the exposure framework, established for the execution of non-tradable futures transactions (OTC) transactions with the bank, the bank uses a customary method for measuring the exposure for those transactions.

For your attention, as a general rule, the bank is expected, in the coming months, to replace the existing method for measuring exposure in respect of such transactions, with the scenario method, which is a customary method for measuring exposure and is applied by clearing houses and international financial entities.

Due diligence on the activity of the bank in the foreign currency market

Discount Bank has adopted the global code for activity in the foreign exchange market. The code is a set of accepted principles (Best Practice) for conducting foreign exchange trading.
This set of principles was developed in order to provide guidelines to promote the integrity and the effective functioning of the activity in the foreign exchange market, to promote a durable, fair, liquid, open and transparent market in an appropriate manner.

As part of this, the bank has compiled a due diligence document on the activity of the bank in the foreign currency market, which details the main practices the bank employs in this field.

Click to view the due diligence document on the activity of the bank in the foreign currency market >>

Hours of operation of the OTC forex trading room

Monday-Thursday from 8:00 A.M. to 9:00 P.M.

Friday between 8:00 A.M. and 4:00 P.M. (during daylight saving time – half an hour before Shabbat begins)

Hours of operation of the securities transaction room

Monday-Thursday from 8:00 A.M. to 11:00 P.M.

Friday between 8:00 A.M. and 4:00 P.M. (during daylight saving time – half an hour before Shabbat begins)

* There may be changes in the hours of operation on holiday evenings and weekdays or on American holidays.