The PEX was established in 1995, and operates under the supervision of the Palestinian Capital Market Authority (CMA).
About ten stockbroker firms are authorised to place orders and process financial products on the PEX.
The Palestinian Authority (PA) approved the PADICO-sponsored design and work plan in July 1995, and a project team was put together by the PEX to establish a fully electronic exchange and depository.
EFA Software Services, a Canadian company, provided both the trading and settlement and clearing systems.
(13) of 2004, the Palestine Capital Market Authority (CMA) took over the supervision of the PEX and issuing securities by public companies.