Online trading platform Plus500 tracks ahead of full-year expectations

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Online trading platform Plus500 said on Monday it expects full-year results to exceed market expectations after first-quarter core profit rose 23% sequentially, driven by a strong client base and increased global market volatility. Companies like Plus500 thrive on turbulent geopolitical and financial environment as more customers tend to trade and use their services.

Global markets have see-sawed since US President Donald Trump announced his trade policies earlier this month and ceasefires in Gaza and between Russia and Ukraine remain uncertain.

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Online trading platform Plus500 tracks ahead of full-year expectations


Online trading platform Plus500 said on Monday it expects full-year results to exceed market expectations after first-quarter core profit rose 23% sequentially, driven by a strong client base and increased global market volatility. Companies like Plus500 thrive on turbulent geopolitical and financial environment as more customers tend to trade and use their services.

Global markets have see-sawed since US President Donald Trump announced his trade policies earlier this month and ceasefires in Gaza and between Russia and Ukraine remain uncertain.

The…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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