Plus500’s CEO, David Zruia, commented:
David Zruia
Source: LinkedIn
Plus500 continued to outperform in the first half of 2022, supported by positive momentum achieved in recent years and by the power of our market-leading proprietary technology.
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The Group continued to deliver outstanding levels of returns to shareholders during the period, through both recent $60.0m dividend payments and our most recent $105.0m aggregate share buyback.
US expansion
In July last year, Plus500 strengthened its presence in US with the acquisition of Cunningham Commodities LLC and Cunningham Trading Systems LLC. The company now announced that it expects its new trading platform for the retail futures market in the US to Launch in the second half of the year.
Zruia added:
We made significant progress in delivering against our strategic priorities, in particular the major growth opportunities in the U.S., where we continue to make substantial investments.
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