Reuters logo
BRIEF-Plus500 says current trading revenue stronger than Q1
June 2, 2017 / 6:17 AM / 6 months ago

BRIEF-Plus500 says current trading revenue stronger than Q1

June 2 (Reuters) - Plus500 Ltd:

* We are pleased to report that compared to Q1, subsequent trading revenue has been stronger and profit margins have been maintained.

* Plus500’s current trading has continued positive trends outlined in q1 trading update issued on 26 April 2017

* None of regulatory changes announced in various jurisdictions in which company operates has had a material impact on trading performance

* Plus500 ltd - ‍compared to q1, in subsequent trading revenue has been stronger and profit margins have been maintained​

* Company’s current net cash balances stood at approximately $191 million as at 31 may 2017

* Plus500 - none of regulatory changes announced in various jurisdictions in which company operates has had a material impact on trading performance

* Continue to monitor trends closely, and are awaiting outcome of fca consultation which could affect second half of 2017 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below