StockMarketWire.com - Spread-betting group Plus500 said new trading regulations that clamped down on the issue of binary options and contracts for difference to retail investors would have a 'limited impact' on its expected 2018 financial performance.

The company said the changes were broadly expected and that it already operated in compliance with most of the proposed new rules.

'The board will assess the potential impact on future years, but believes that Plus500's highly flexible business model and global diversification with seven licenses in different jurisdictions, five of which are outside Europe, provide confidence in the company's future prospects,' it said.

'Plus500 is confident that since it is already attracting experienced customers that can be categorised as professionals, this will help mitigate the impact of these changes.'




At 1:32pm: [LON:PLUS] Plus500 Ltd share price was +35p at 1078p



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