Views Article – Sharenet Wealth

Europe, News

Plus500 reports four-fold surge in revenue, makes interim CEO permanent

(Corrects currency to U.S. dollars from pounds in the first paragraph)

July 7 (Reuters) – Online trading platform Plus500’s revenue in the first half nearly quadrupled to $564.2 million, as it continues to see strong trading volumes in financial markets during the coronavirus crisis.

The UK-listed company also said David Zruia had been made the Chief Executive Officer after he served on an interim basis since April, when Asaf Elimelech stepped down after four years as CEO.

(Reporting by Muvija M in Bengaluru; Editing by Shailesh Kuber)

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