The Israeli Securities Authority (ISA) is planning to limit access to binary options and single stock CFDs. According to Globes, the ISA has taken this action as regulators see binary options trading as purely "a guessing game, and that is not the purpose of the trading arenas. In a statement released on Monday, the ISA said it was "concerned about the potential for abuse in the use of binary options".
The Israeli Securities Authority (ISA) is planning to limit access to binary options and single stock CFDs. According to Globes, the ISA has taken this action as regulators see binary options trading as purely "a guessing game, and that is not the purpose of the trading arenas." The ISA is also planning to ban any trading on stocks that have not presented a prospectus to investors in Israel, thus making most popular single stock CFDs no longer legal in Israel.