Plus500 sees FY ahead of expectations

Contracts for differences online service provider Plus500 said it expected full year performance to be ahead of expectations as “strong momentum” reported last month continued.

Plus500 said its “robust” performance was driven by momentum from the end of the prior year and significant market volatility during the fourth quarter of 2018.

“The group has continued to perform well since the implementation in August of regulatory changes by the European Securities and Markets Authority,” the company said in a trading statement.