Strong Cryptocurrency CFD Volumes Bring Record Revenues for Plus 500

The latest trading update from Plus 500 reveals a growing appetite for cryptocurrency exposure among contract-for-difference (CFD) traders.

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Strong Cryptocurrency CFD Volumes Bring Record Revenues for Plus500
Plus500 Offices in Haifa

London Stock Exchange AIM-listed online brokerage Plus 500 (LON: PLUS) has announcedit achieved record quarterly revenues in the final quarter of 2017 on the back of strong trading volumes in cryptocurrency CFDs. The Israel-based group also revealed it has seen increased interest throughout the year in the cryptocurrency category which it first introduced back in 2013.

Asaf Elimelech, Chief Executive Officer of Plus 500, commented: “We are pleased to announce another strong period in both revenues and profits. Momentum in the business has continued to be strong with increased interest in our cryptocurrency CFD offering and record new and active customer numbers, demonstrating our ability to serve our customers’ trading needs through product innovation and technology leadership.” […]

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