Virus-Driven Spread-Bet Boom Drives 500% Revenue Gain at Plus500
- London-traded CFD firms IG Group and CMC have also jumped
- Plus500 lifts profit outlook as record volatility drives bets
This article is for subscribers only.
Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis.
Plus500 Ltd.’s first-quarter revenue surged as market volatility driven by the coronavirus outbreak enticed the spread-betting firm’s customers to trade.