Plus500 Secures Jefferies as Joint Corporate Broker

Plus500, a global multi-asset fintech group operating technology-based trading platforms, today announces the appointment of Jefferies International Limited (Jefferies) as Joint Corporate Broker to the company, with immediate effect. Jefferies will act alongside the Company's existing corporate broker, Liberum Capital Limited.

This week, Plus500 has released a trading update for the three months ended 31 March 2022. The broker reported $270.9 million in revenue during the three months of 2022, a 68% jump compared to Q4 of 2021.

Plus500's success in Q1 2022 is based on its strategic roadmap of expanding its core product offering in new and existing markets, launching new trading and financial products and deepening engagement with customers.

In February 2022, the company announced the addition of a new licence in Estonia​, granted by the Estonian Financial Supervision Authority. Last month, the company announced its entry into the Japanese market through the acquisition of EZ Invest Securities, Co., Ltd. (EZ Invest).