Online trading platform Plus500 expects annual results ahead of market view

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Plus500 News

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Increased volatility has worked to advantage of trading platforms with more customers trading more often

Online trading platform Plus500 on Monday forecast its annual results to be above market view and also recorded a 13 per cent jump in new customers in the first half of the year.

Analysts expect the Israel-based company to log annual revenue of $697.8 million with a core profit of $314.6 million, according to a company-compiled consensus.

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