Plus500 Ltd.

Equities

PLUS

IL0011284465

Miscellaneous Fintech Infrastructure

Real-time Estimate Cboe Europe Other stock markets 06:07:02 2024-04-23 am EDT			5-day change	1st Jan Change
2,139 ^GBX	+0.90%		+5.53%	+28.56%

Apr. 18	PLUS500: PEEL HUNT RAISES TARGET PRICE TO 2560P FROM 2260P…	RE
Apr. 17	The FTSE 100 Closed Up 0.35% as U.K. Inflation Falls	DJ

Plus500 : CEO to step down, COO takes helm temporarily

April 20, 2020 at 03:03 am EDT

Online trading platform Plus500 said on Monday Chief Executive Officer Asaf Elimelech would step down after a four-year tenure, a period marked by the introduction of stricter rules on retail trading and high volatility.

Chief Operating Officer David Zruia will assume the role of interim CEO until a successor is appointed, the company said.

While online trading platforms were slammed by the tough trading rules introduced since 2018, this year has been remarkable in terms of trading volumes as a coronavirus-led selloff in financial markets and the oil price crash have driven up volatility.

Elimelech, an Israeli who joined Plus500 in 2012, has been at the helm since 2016. Under him, the shares have more than tripled.

(Reporting by Muvija M in Bengaluru; Editing by Sriraj Kalluvila)

Latest news about Plus500 Ltd.

PLUS500: PEEL HUNT RAISES TARGET PRICE TO 2560P FROM 2260P…	Apr. 18	RE
The FTSE 100 Closed Up 0.35% as U.K. Inflation Falls	Apr. 17	DJ
News Highlights : Top Financial Services News of the Day - Wednesday at 11 AM ET	Apr. 17	DJ
News Highlights : Top Financial Services News of the Day - Tuesday at 4 PM ET	Apr. 16	DJ
The FTSE 100 Closed Down 1.8% as Israel Mulls Response to Iranian Attacks	Apr. 16	DJ
Plus500 says 2024 will beat market forecast as quarterly revenue grows	Apr. 16	AN
Fintech Group Plus500 Posts Higher Q1 Revenue	Apr. 16	MT
Plus500 expects annual results to beat market expectations	Apr. 16	RE
Plus500 announces new USD100.0 million share buyback	Feb. 22	AN
Plus500 Says To Commence New Share Buyback Worth $100 Mln	Feb. 22	RE
PLUS500 - ANTICIPATED THAT NEW $100.0 MLN BUYBACK PROGRAMME WILL…	Feb. 22	RE
PLUS500 - PLEASED TO ANNOUNCE THAT IT WILL COMMENCE A NEW SHARE…	Feb. 22	RE
FTSE 100 Ends Tuesday Down on U.S. Weakness, Interest Rate Uncertainty	Feb. 20	DJ
Transcript : Plus500 Ltd., 2023 Earnings Call, Feb 20, 2024	Feb. 20
Plus500 Plans $100 Million of Share Buybacks	Feb. 20	MT
Plus500 offers positive outlook even as annual earnings fall	Feb. 20	AN
Plus500 to return $175 million to shareholders after beating FY profit view	Feb. 20	RE
Plus500 Reports Lower FY23 Profit, Revenue	Feb. 20	MT
Earnings Flash (PLUS.L) PLUS500 Reports FY23 Revenue $726.2M	Feb. 20	MT
Earnings Flash (PLUS.L) PLUS500 Posts FY23 EPS $3.17	Feb. 20	MT
Plus500 Announces $175 Mln Additional Shareholder Returns	Feb. 20	RE
PLUS500 - FY CUSTOMER DEPOSITS INCREASED TO $2.4 BLN (FY 2022: $…	Feb. 20	RE
Tranche Update on Plus500 Ltd.'s Equity Buyback Plan announced on August 14, 2023.	Feb. 20	CI
Plus500 Ltd. announces an Equity Buyback for $100 million worth of its shares.	Feb. 20	CI
Plus500 Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 20	CI

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Company Profile

Plus500 Ltd is an Israel-based company that develops and operates an online trading platform for individual customers to trade contracts for difference (CFDs). Its online trading platform allows its customers to trade CFDs on over more than 2,200 different underlying global financial instruments comprising equities, indices, commodities, options, exchange-traded funds (ETFs), crypto currencies and foreign exchange. The Company enables individual customers to trade CFDs in more than 50 countries. The trading platform is accessible from various operating systems, such as Windows, iOS, Android, and Surface, as well as Web browsers.

Sector

Miscellaneous Fintech Infrastructure

Calendar

2024-05-07 - Annual General Meeting

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