The Stock Exchange and Trading Platforms Supervision Department oversees the operations of Trading platforms to their own account (hereinafter: "trading platforms").
A trading platform is (1) a computerized system through which a person buys financial instruments from his customers to his own account, or through which a person sells financial instruments to his customers from his own account. Trading platforms operate in an organized, frequent and systematic manner, with the exception of a system in which the financial instruments which are sold or purchased are financial instruments whose terms were determined in direct negotiation between the parties to the transaction; or (2) a computerized system which gives customers the opportunity to trade through the system described in (1) above.
On August 3, 2014, the Knesset's Finance Committee approved Securities Regulations (Trading Platforms to its Own Account) 2014, which supplement Amendment 42 to the Securities Law 1968 (hereinafter: “the Law”), which was approved by the Knesset in 2010.
According to paragraph 44M(a) of the law, no person shall operate a trading platform, unless he holds a platform license, granted by the ISA, and in accordance with the conditions of the license.
On September 2016, the ISA granted first licenses, which includes conditions regarding the types of the financial instruments allowed for trading.
Clarification Regarding Binary Options Trading
List of licensed Trading Platforms