Plus500 Issues Upbeat Trading Update for Q4

[kreslik.news]

In between negative earnings warnings on part of major retail brokerages, Plus500 is bucking the trend. The company has just announced that it is seeing a positive momentum in earnings in October and November.

Last month the firm mentioned an upbeat month of October when it reported its Q3 earnings. On the 23rd of October the firm guided the market into a positive momentum after a tough August and September.

The sharp hit to trading activity due to ESMA regulations appears to be moderating, at least for Plus500. The company is yet to put out any specific figures, however acceding to a ... (read more)