TIDMPLUS
Plus500 Limited
07 November 2022
7 November 2022
Plus500 Ltd.
("Plus500", the "Company" or together with its subsidiaries the
"Group")
Launch of '+Insights' on Plus500's OTC platform
Latest product innovation ensures further enhancement of
Plus500's best-in-class customer experience
Plus500, a global multi-asset fintech group operating
proprietary technology-based trading platforms, today announces the
launch of '+Insights', a new big-data, analytical tool designed to
provide customers with access to real-time and historical trends,
based on the Group's base of over 23 million registered customers.
Plus500's '+Insights' is now available on the Group's OTC[1]
trading platform as a complementary service for customers across
its web app, iOS and Android offerings.
The launch of '+Insights' is the latest innovation in Plus500's
long track record of product development and technological
advancement. The Group's continued investment in its ESG framework
is evidenced by the offering of Plus500's '+Insights', given it was
developed by the Company on the basis of customer feedback. This
new tool therefore demonstrates Plus500's on-going focus on
customer care and delivering on customer requirements, to ensure
that a best-in-class experience is maintained for customers.
As a result of the Group's substantial market position and high
levels of volumes on its trading platforms , Plus500 utilises its
unique proprietary data to generate dedicated tools and content to
empower its customers.
By using aggregated and anonymous big-data, which is
fundamentally based on key real-time and historic trends across the
trading community, customers can view never-before-seen key data
points and information, to help them in their daily trading
activities subject to their own independent discretion. This
information is uniquely segmented by the selected core measurement
and customisable filters to provide a unique, tailored experience
for customers. Such information includes "Top 10" lists of
instruments which are "Most Followed and Most Viewed", "Most
Traded, Bought and Sold" and which produced the "Highest Profit /
Loss from a Position".
David Zruia, Chief Executive Officer, commented:
"We are very excited about the launch of '+Insights', which is
the latest realisation of our strategy for Plus500 to further
develop our position as a global multi-asset fintech group,
offering our international customer base a diverse range of
products and ensuring we continue to provide them with a
best-in-class trading experience.
"'+Insights' is significant technological achievement by
Plus500, driven by our technology teams, who have developed a
powerful engine which can analyse millions of data points in
real-time and aggregate them to help empower customers in their
trading decisions. '+Insights' will revolutionise our customers'
approach to trading, by enabling them to make more informed
decisions."
For further details
Plus500 Ltd.
Elad Even-Chen, Chief Financial +972 4 8189503
Officer +44 7825 189088
Rob Gurner, Head of Investor ir@Plus500.com
Relations
Brunswick
Charles Pretzlik, Partner +44 20 3128 8549
Paul Durman, Partner plus500@brunswickgroup.com
About Plus500
Plus500 is a global multi-asset fintech group operating
proprietary technology-based trading platforms. Plus500 offers
customers a range of trading products, including OTC
("Over-the-Counter" products, namely Contracts for Difference
(CFDs)), share dealing, as well as futures and options on
futures.
The Group retains operating licences and is regulated in the
United Kingdom, Australia, Cyprus, Israel, New Zealand, South
Africa, Singapore, the Seychelles, the United States, Estonia and
Japan and through its OTC product portfolio, offers more than 2,500
different underlying global financial instruments, comprising
equities, indices, commodities, options, ETFs, foreign exchange and
cryptocurrencies. Customers of the Group can trade its OTC products
in more than 50 countries and in 30 languages. Plus500 does not
permit customers located in the US to trade its OTC products.
Plus500 does not utilise cold calling techniques and does not
offer binary options. Plus500's trading platforms are accessible
from multiple operating systems (Windows, iOS and Android) and web
browsers. Customer care is and has always been integral to Plus500,
as such, OTC customers cannot be subject to negative balances. A
free demo account is available on an unlimited basis for OTC
trading platform users and sophisticated risk management tools are
provided free of charge to manage leveraged exposure, and stop
losses to help customers protect profits, while limiting capital
losses.
Plus500 shares have a premium listing on the Main Market of the
London Stock Exchange (symbol: PLUS) and are a constituent of the
FTSE 250 index. www.plus500.com .
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulation ("MAR"). Upon the publication of this
announcement via Regulatory Information Service ("RIS"), this
inside information is now considered to be in the public
domain.
Forward looking statements
This announcement contains statements that are or may be
forward-looking statements. All statements other than statements of
historical facts included in this announcement may be
forward-looking statements, including statements that relate to the
Group's future prospects, developments and strategies. The Company
does not accept any responsibility for the accuracy or completeness
of any information reported by the press or other media, nor the
fairness or appropriateness of any forecasts, views or opinions
express by the press or other media regarding the Group. The
Company makes no representation as to the appropriateness,
accuracy, completeness or reliability of any such information or
publication.
Forward-looking statements are identified by their use of terms
and phrases such as "believe", "targets", "expects", "aim",
"anticipate", "project", "would", "could", "envisage", "estimate",
"intend", "may", "plan", "will" or the negative of those,
variations or comparable expressions, including references to
assumptions. The forward-looking statements in this announcement
are based on current expectations and are subject to known and
unknown risks and uncertainties that could cause actual results,
performance and achievements to differ materially from any results,
performance or achievements expressed or implied by such
forward-looking statements. Factors that may cause actual results
to differ materially from those expressed or implied by such
forward looking statements include, but are not limited to, those
described in the Risk Management Framework section of the Company's
most recent Annual Report. These forward-looking statements are
based on numerous assumptions regarding the present and future
business strategies of the Group and the environment in which it is
and will operate in the future. All subsequent oral or written
forward-looking statements attributed to the Company or any persons
acting on its behalf are expressly qualified in their entirety by
the cautionary statement above. Each forward-looking statement
speaks only as at the date of this announcement. Except as required
by law, regulatory requirement, the Listing Rules and the
Disclosure Guidance and Transparency Rules, neither the Company nor
any other party intends to update or revise these forward-looking
statements, whether as a result of new information, future events
or otherwise.
[1] OTC - "Over-the-Counter" products, namely Contracts for
Difference (CFDs)
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END
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November 07, 2022 02:00 ET (07:00 GMT)
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