TIDMPLUS

Plus500 Limited

04 December 2023

4 December 2023

Plus500 Ltd.

("Plus500", the "Company", or together with its subsidiaries the "Group")

Plus500 becomes member of Futures Industry Association (FIA) as US business expands

Plus500, a global multi-asset fintech group operating proprietary technology-based trading platforms, is pleased to announce that its US business has joined the Futures Industry Association (FIA) in the US, becoming a primary member of the world's leading global trade organisation for the futures options and centrally cleared derivatives markets.

The FIA's membership includes clearing firms, exchanges, clearing houses, trading firms and commodities specialists from more than 48 countries as well as other professionals serving the industry.

Since entering the US market in 2021 with the acquisition of Cunningham Commodities LLC, Plus500 has established a strong and growing position in the futures market in the US, supported by the Group's best-in-class technology and its robust financial position.

The futures and options on futures market in the US represents a major multi-year growth opportunity for Plus500 and the Group has already made significant progress in developing its B2B and B2C offerings. Demonstrating the increasingly diversified nature of its model and operational capabilities, the Group is now a leading provider of B2B market infrastructure services for institutional clients in the US futures market, supporting them with brokerage-execution and clearing services, further enhanced by Plus500's status as a full Clearing Firm Member of the CME Group and the Minneapolis Grain Exchange (MGEX).

In addition, Plus500 recently launched 'Plus500 Futures', a new and intuitive trading platform, specifically designed and tailored for retail customers looking to trade US futures. The Group's successful partnership with the Chicago Bulls, the iconic NBA team, continues to increase brand awareness and visibility.

Plus500 uniquely offers US customers a fully holistic solution of onboarding, depositing and trading in futures, having successfully leveraged its best-in-class technology and expertise to build an end-to-end, one-stop shop that caters for all the needs of US retail investors in accessing new trading opportunities in futures.

David Zruia, Plus500 Chief Executive Officer, commented: "We are delighted to have become a member of the FIA, further demonstrating the Group's continued execution against our strategic roadmap in the US. Our membership of this highly respected, leading global organisation represents another milestone for Plus500 as we harness our differentiated technological capabilities to seize the compelling growth opportunities in the US futures market."

 
 For further details: 
 Plus500 Ltd. 
 Elad Even-Chen, Chief Financial   +972 4 8189503 
  Officer                           +44 (0) 7551 654208 
  Owen Jones, Head of Investor      ir@plus500.com 
  Relations 
 Dentons Global Advisors 
 James Melville-Ross               +44 (0)20 7664 5095 
  James Styles                      plus500@dentonsglobaladvisors.com 
  Methuselah Tanyanyiwa

About Plus500

Plus500 is an established global multi-asset fintech group operating proprietary technology-based trading platforms. Plus500 offers customers a range of trading products, including OTC ("Over-the-Counter" products, namely Contracts for Difference (CFDs)), share dealing, as well as futures and options on futures.

The Group retains operating licences and is regulated in the United Kingdom, Australia, Cyprus, Israel, New Zealand, South Africa, Singapore, the Seychelles, the United States, Estonia, Japan, the UAE and the Bahamas and through its OTC product portfolio, offers more than 2,500 different underlying global financial instruments, comprising equities, indices, commodities, options, ETFs, foreign exchange and cryptocurrencies. Customers of the Group can trade its OTC products in more than 50 countries and in 30 languages.

Plus500's trading platforms are accessible from multiple operating systems (Windows, iOS and Android) and web browsers. Customer care is and has always been integral to Plus500, as such, OTC customers cannot be subject to negative balances. A free demo account is available on an unlimited basis for OTC trading platform users and sophisticated risk management tools are provided free of charge to manage leveraged exposure and stop losses to help customers protect profits, while limiting capital losses.

Plus500 shares have a premium listing on the Main Market of the London Stock Exchange (symbol: PLUS) and are a constituent of the FTSE 250 index. www.plus500.com .

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December 04, 2023 02:00 ET (07:00 GMT)

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