Plus500 Limited CySEC Update (7364Q)
02 December 2016 - 1:33AM
UK Regulatory
TIDMPLUS
RNS Number : 7364Q
Plus500 Limited
01 December 2016
01 December 2016
Plus500 Ltd.
("Plus500" or "the Company")
CySEC Update
Plus500, a leading online service provider for retail customers
to trade CFDs internationally, notes the movement in its share
price and market speculation following the publication on 30
November 2016 by the Cyprus Securities and Exchange Commission
("CySEC") of a series of questions and answers in a circular
relevant to the CFD industry in which the Company operates.
The Company does not believe that the topics covered in the
circular will have a material operational or financial impact on
the Company.
Enquiries
Plus500
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Elad Even-Chen, Chief Financial +972 4 8189503
Officer ir@Plus500.com
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Liberum - Nomad and Broker
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Clayton Bush, Neil Elliot, +44 20 3100
Josh Hughes 2222
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Berenberg (Joint Broker)
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Chris Bowman, Amritha Murali, +44 20 3207
Marie Stolberg 7800
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MHP Communications
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Reg Hoare, Tim Rowntree, Kelsey +44 20 3128
Traynor 8100
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About Plus500
Plus500 has developed and operates an online trading platform
for retail customers to trade CFDs internationally over more than
2,250 different underlying global financial instruments comprising
equities, ETFs, foreign exchange, indices, commodities and options.
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 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.
www.plus500.com
This information is provided by RNS
The company news service from the London Stock Exchange
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December 01, 2016 09:33 ET (14:33 GMT)