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Plus500 on course to meet FY expectations despite Q3 revenue blip

24th October 2016 9:38 am GMT

London-listed spread betting and CFD provider Plus500 has reported a 14 per cent increase in revenue to a record US$236.3m for the nine month period ended September 30th, despite posting a decline in third quarter income.

Revenue was down 4 per cent to $77.5m during Q3, although the company continued to see strong growth in new and active customers. These rose 47 per cent and 33 per cent respectively to 25,083 and 69,989.

Revenue from Western European [...]

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