March 16, 2020 / 7:25 AM / 19 days ago

Trading platform Plus500 lifts guidance as volumes surge

March 16 (Reuters) - Online platform Plus500 said on Monday that annual earnings and revenue would be ahead of current market expectations, as a market selloff on the back of the coronavirus and the dive in oil prices drove a surge in volumes of trade on its platform.

“The Company has continued to see a significantly increased level of customer trading activity alongside strong momentum across all financial and operational KPIs,” UK-listed Plus500 said.

Reporting by Muvija M in Bengaluru; editing by Patrick Graham

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