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Major Israeli Investment Platform Suffers Technical Glitch, Erasing Client Balances
Meitav Trade, a leading Israeli investment platform, experienced a technical glitch that temporarily displayed zero balances for client accounts. The issue, caused by a data update, was resolved later the same day, with the company assuring customers that no assets were lost.
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What happened
- 01Meitav Trade clients saw zero balances due to a technical glitch.
- 02The issue was caused by a weekend data update.
- 03The company confirmed no client assets were lost.
- 04This incident follows similar technical problems at other Israeli trading firms.
- 05Meitav Trade is Israel's largest independent trading platform.
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How it broke
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