Israel’s top securities regulator said in an updated statement on Tuesday that it has not detected suspicious trading activity on the Israeli stock exchange in the days leading up to the October 7 Hamas attack. The statement from the Israel Securities Authority (ISA) raises questions about some of the findings in a research paper released Monday that found an unusual spike in bets against Israeli securities just before the attack. The Israel Securities Authority (ISA) said Tuesday that its technology intelligence system, which regularly monitors trading, did not uncover “significant trading abnormalities” that required further investigation prior to the terror attack. A proactive examination, carried out immediately following October 7, similarly did not “wield any findings” suggesting “suspicious trading activity,” the ISA statement said. That fund, the MSCI Israel Exchange Traded Fund (ETF), trades on the New York Stock Exchange, not in Tel Aviv.

Source: CNN December 05, 2023 18:03 UTC