Shares of Plus500 Rise 7% as Company Looks to Japan

[kreslik.news]

While some parts of the industry are looking to less-regulated jurisdictions, others are actively looking to get more regulated. Israeli publicly-listed company Plus500 appears to be aiming high with a Japanese license.

The company is exploring more options to get regulated business worldwide, the firm’s management shared during today’s earnings call. The news prompted a spike higher in the value of the company as it looks to one of the toughest regulated markets in the world.

The Japanese securities regulators are notoriously strict and have applied 25:1 leverage on forex trading quite some time ago.

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