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Investegate announcements from Plus500 Ltd, Year End Trading Update

Plus500 Ltd delivered further positive momentum during Q3 2021

The group said its third quarter performance was strong despite more stable market conditions and was boosted by significant investment in its contracts for difference (CFD) technology platform.

The group said its third quarter performance was strong despite more stable market conditions and was boosted by significant investment in its contracts for difference (CFD) technology platform.

Plus500, a global fintech company, has announced strong half-year results after the acquisitions of rivals Cunningham and CTS.

2020 was a year like no other for the global economy. The finance sector, which gave rise to fintech after the 2008 crisis, rose to meet the challenges of the day once again. With sharp financial movements bringing a plethora of opportunity, and people locked-down at home, trading was on the rise. The financial markets saw a huge influx of retail traders, most of whom had never traded before. Fintech firms had to respond quickly to meet their internal teams’ challenges as well as support the ...

21 April 2021 | 12:01pm StockMarketWire.com - The FTSE 100 made a modest recovery on Wednesday after Tuesdays big sell-off gaining 0.5% to 6,894.47 with big oil companies helping to support the index. The UK consumer price index rose 0.7% in March from 0.4% in February, indicating the economy was on the mend -- though the market had expected an even stronger reading, of 0.8%. BHP gained 1.3% to £21.945 after it upgraded its annual copper production guidance, though it also downgraded its guida...

Press release content from Business Wire. The AP news staff was not involved in its creation. Plus500 Ltd. (“Plus500”, “the Company” or together with its subsidiaries “the Group”) Acquisition April 21, 2021 GMT LONDON--(BUSINESS WIRE)--Apr 21, 2021-- Plus500, a leading technology platform for trading Contracts for Difference (“CFDs”) internationally, today announces that it has conditionally agreed to acquire all of the membership interests of Cunningham Commodities LLC. (“Cun...