"The luxury of being traded in another time zone" is one of the reasons why Ester Levanon, CEO of the Tel-Aviv Stock Exchange, suggests that American companies dual list on a U.S. exchange and in Tel Aviv. "They gain a new kind of investor in Israel, or for Europe, or even for the Far East." When it comes to the proposed Deutsche Borse AG and NYSE Euronext merger, Levanon says, "They are too big to be affecting us,"  but "it might affect very heavily, bigger exchanges than Israel." -Katie Roof