- Broking house Plus500 said Thursday it expected full-year performance would top market expectations as wild swings in markets had propped up trading activity during the fourth quarter of the year.

The company said it anticipated the financial performance for the full year would be ahead of current market expectations supported by 'the momentum from the end of the prior year and significant market volatility during the fourth quarter of 2018,' the company said.

'We are delighted, in such a momentous year, to have delivered both strong operational performance and record financial results, said Asaf Elimelech, Chief Executive Officer of Plus500.

'Our focus remains on gaining market share in our current markets and growing rapidly in new jurisdictions by acquiring, engaging and retaining high value customers. We very much look forward to updating shareholders with our Full Year 2018 results on 12 February 2019.' Story provided by