Regulation Pushed Half Out, Will Any FX Brokers Remain in Israel?

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Regulation Pushed Half Out, Will Any FX Brokers Remain in Israel?

Postby kreslik.news » Sat Jun 04, 2016 10:08 am


Just over a year ago the process of regulating the online retail trading started, bringing hopes of greater safety and fears of a crackdown. Various schools of thought emerged with regard to the approach that the national financial watchdog (the Israeli Securities Authority or ISA) would adopt as the fate of the industry stood in the balance.

While the process has not ended yet, we can already say with confidence today that the ISA decided not to try and create a welcoming environment for brokers and traders that might leverage the technology hub found in Israel to establish a credible and desirable ... (read more)

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