Plus500 lures more punters

Michael Bow
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SPREADBETTER Plus500, which listed on the London market this summer, yesterday said it increased user numbers by 23 per cent last quarter against a year ago.

The Aim-listed company, which raised $75m (£46.4m) when it floated in July, said revenues rose from $12m a year ago to $20m for the three months ending September.

“Despite a relatively quiet quarter in terms of general ‘market volatility’ customer growth and revenues continued on an upward trend,” it said in a statement.