UK listed Plus500 expands US trading push with single stock futures
CME•Broader U.S. expansion
- The launch marks another step in Plus500's push to expand its U.S. business beyond its traditional OTC contracts-for-difference (CFD) business.
- In June, it launched sports event-based prediction market contracts as it broadened its exchange-traded offerings.
(Reporting by Atharva Singh in Bengaluru)
What the offering includes
- The offering allows Plus500 customers to trade CME-listed futures tied to individual U.S. stocks, including long and short positions, with lower upfront capital requirements and extended-hours trading.
- The Israel-based broker said it plans to add more contracts based on customer demand, liquidity and market conditions.
Plus500 launches single stock futures in the U.S.
Aug. 3 (Reuters) - Fintech broker Plus500 PLUSP.L said on Monday it has launched Single Stock Futures in the United States, expanding its futures offering by giving customers access to CME Group-listed contracts tied to individual U.S. stocks.
Here are some details:
