Resuming Plus500UK Onboarding Activity

RNS Number : 7300I

Plus500 Limited

11 December 2015

 



Plus500 Ltd.

("Plus500" or "the Company")

Resuming Plus500UK Onboarding Activity

Plus500 notes recent inaccurate external comments and confirms that Plus500UK is not subject to regulatory restrictions including preventing it from onboarding new customers.  The Company therefore wishes to clarify that following the strengthening of the UK management team, both the Group and UK Boards intend that Plus500UK resumes the onboarding of new customers in January 2016.

Enquiries

Plus500
Elad Even-Chen, Finance Director, VP Business Development and Head of Investor Relations	[phone] [e-mail]
Liberum
Clayton Bush/Christopher Britton/Josh Hughes	[phone]
MHP Communications
Reg Hoare/Tim Rowntree/Kelsey Traynor	[phone] [e-mail]

About Plus500

Company website: www.plus500.com

Plus500 has developed and operates an online trading platform for retail customers to trade CFDs internationally over more than 2000 different underlying global financial instruments comprising equities, ETFs, foreign exchange, indices and commodities. The Company enables retail customers to trade CFDs in more than 50 countries. The trading platform is accessible from multiple operating systems (Windows, smartphones (iOS, Android and Windows Phone) and tablets (iOS, Android and Surface)) and the internet. The Directors believe that the success of the Company to date has been primarily due to the proprietary technology it has developed and continues to develop to support the trading platform. The trading platform has been designed to be as intuitive and easy to use as possible. The trading platform has been localised into over 31 languages. The Directors believe that this emphasis on technology, together with the Company's targeted online marketing strategy, has helped to differentiate the Company from its competitors.

 

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