Plus500 Scales up Its Trading Lineup with New Tradable AI Index

Plus500, a global multi-asset fintech group operating technology-based trading platforms, has added the BITA Artificial Intelligence US Giants Index (BAIGUI) to its financial instruments lineup. The addition of BAIGUI to Plus500's range of sector indices supplements the existing list of popular indices available on its CFD trading platform, including the NFT Index, Cannabis Index, Real Estate Index, and others.

Comprising 10 of the leading AI technology companies, such as Nvidia, C3Ai.Inc, Altair Engineering, Palantir Technologies, and Momentive Global Inc., the index captures the performance of these publicly listed tech giants. By focusing on mid and small-sized companies that specialize in the development of AI technology, this AI-driven index provides a pure-play exposure to this sector.

David Zruia, Chief Executive Officer at Plus500, said: "At Plus500, we are committed to offering our customers a comprehensive range of trading products across our intuitive, tech-driven trading platforms. With the huge rise in interest in AI around the world, we are pleased now to be able to offer our customers the opportunity to take advantage of this structural trend by adding BAIGUI to our class-leading OTC trading platform, giving customers pure-play exposure to those companies specialising in AI technology development."

Last month, the fintech giant launched a new ESG trading product suite​, which includes ESG scores for the Group's vast range of stock CFDs alongside exclusive ESG Impact Indices that will be tradeable on its OTC trading platform and stocks on its Share Dealing trading platform.