Not so long ago Plus500 announced that it will acquire Cunningham Commodities as it will join the American industry. Plus500, founded in 2008, is an Israeli international financial company. It provides CFDs, across more than 2,000 securities and multiple asset classes. The acquisition allows the firm to expand its influence and offer its services and tools in the US retail trading sphere. The firm does not work in the USA. So, it will have a great opportunity to join the market, and find new customers. They are seeking new trading platforms and the latest techs that the company can offer. The acquisition will expand Plus500’s product offering in the US, diversifying its sources of revenue. This move is made according to its strategy for growing though organic money flows in its tools and technologies.
Plus500 enters the US market
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