Plus500 posts record first-half revenue as US business scales

Trading platform operator Plus500 reported record first-half revenue in results that lifted its shares roughly 6%. The company pointed to rapid scaling of its US business, built around its futures and options brokerage operations, as a growth driver alongside its core contracts-for-difference franchise. Management detail accompanying the results emphasised customer acquisition and expansion of the US product set. Plus500's revenue is sensitive to market volatility, which tends to increase both client trading volumes and platform income.